follow Dictionary.com

What's the "een" in Halloween?

sinking fund

noun
1.
a fund to extinguish an indebtedness, usually a bond issue.
Origin
1715-1725
1715-25
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source
Examples from the web for sinking fund
  • The sinking fund shall be deposited in a depositary selected by the county buildings commission.
  • Another way to prepare for unacceptable loses, especially when loses are predictable, is by using a sinking fund.
  • The sinking fund is used to payoff the bond at termination.
British Dictionary definitions for sinking fund

sinking fund

noun
1.
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
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
Cite This Source
sinking fund in Culture

sinking fund definition


A fund into which companies or governments place money to redeem their bonds and other forms of indebtedness.

The American Heritage® New Dictionary of Cultural Literacy, Third Edition
Copyright © 2005 by Houghton Mifflin Company.
Published by Houghton Mifflin Company. All rights reserved.
Cite This Source

Word of the Day

Difficulty index for sinking fund

Few English speakers likely know this word

Word Value for sinking

12
15
Scrabble Words With Friends