sinking fund
noun
a fund to extinguish an indebtedness, usually a bond issue.
Origin of sinking fund
First recorded in 1715–25
Words nearby sinking fund
sinkerball,
sinkhole,
sinkiang-uighur autonomous region,
sinking,
sinking feeling, a,
sinking fund,
sinking spell,
sinkless,
sinless,
sinn fein,
sinn féin
Example sentences from the Web for sinking fund
British Dictionary definitions for sinking fund
sinking fund
noun
a fund accumulated out of a business enterprise's earnings or a government's revenue and invested to repay a long-term debt or meet a depreciation charge
Cultural definitions for sinking fund
sinking fund
A fund into which companies or governments place money to redeem their bonds and other forms of indebtedness.