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Showing results for sinking fund. Search instead for bond+sinking+fund.
Synonyms

sinking fund

American  

noun

  1. a fund to extinguish an indebtedness, usually a bond issue.

sinking fund British  

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
sinking fund Cultural  

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

Etymology

Origin of sinking fund

First recorded in 1715–25

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

And if you haven’t already, start saving for the holidays by setting up a sinking fund.

From Salon • Nov. 26, 2024

To grow your money before the holiday rush, consider parking your sinking fund in high-yield savings accounts that often let you earn up to 5% APY.

From Salon • Nov. 26, 2024

A sinking fund is a savings account dedicated to a particular expense that you fund gradually through regular payments.

From Seattle Times • Mar. 10, 2022

“That sinking fund is over and above the £10m a year that is going into support the normal services of the council.”

From Reuters • Jun. 24, 2020

He is, however, entitled to credit for laying the foundation of an effective sinking fund.

From The Life of William Ewart Gladstone (Vol 2 of 3) by Morley, John

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023

Idioms from The American Heritage® Idioms Dictionary copyright © 2002, 2001, 1995 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company.