sink·ing fund

(sĭng′kĭng)

A fund accumulated to pay off a corporate or public debt.

American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

sinking fund

(Banking & Finance) 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 and Unabridged, 12th Edition 2014 © HarperCollins Publishers 1991, 1994, 1998, 2000, 2003, 2006, 2007, 2009, 2011, 2014

sink′ing fund`

a fund for extinguishing an indebtedness.

ThesaurusAntonymsRelated WordsSynonymsLegend:

Noun

sinking fund - a fund accumulated regularly in a separate account and used to redeem debt securities

fund, monetary fund - a reserve of money set aside for some purpose

Translations

sinking fund

n (Fin) → Tilgungsfonds m

Collins German Dictionary – Complete and Unabridged 7th Edition 2005. © William Collins Sons & Co. Ltd. 1980 © HarperCollins Publishers 1991, 1997, 1999, 2004, 2005, 2007

sinking fund

n (Comm) → fondo d'ammortamento

Collins Italian Dictionary 1st Edition © HarperCollins Publishers 1995

Mentioned in

References in classic literature

In which D'Artagnan begins to fear he has placed his Money and that of Planchet in the Sinking Fund

View in context

A saving of five hundred millions annually had far more virtue than the accumulation of a sinking fund whose dangers were plainly to be seen.

View in context

The Treasury's income in the first seven months jumped 30.9 percent year-on-year to P102 billion as its July collection grew by more than a fifth, 'mainly driven by higher income from national government deposits, investment from the bond sinking fund, guarantee fees and the national government's share from Pagcor (Philippine Amusement and Gaming Corp.) income.'

Budget deficit narrows to P117.9B

This is because it is a huge burden not only to the banks that make annual contributions to the sinking fund, but also on the CBN.

N5trn Debts: Why AMCON May Find It Difficult To Recover Money

Under amortization, agrarian reform beneficiaries (ARB) were allotted P344 million while the bond sinking fund (BSF) received P25.649 billion in the local front.

Government debt payments in April up 93.3% to P53.8 billion

A sinking fund has been set up and an asset management company hired to manage the property investments which also include offices in Reading, Slough and Uxbridge.

Spelthorne's spending of millions on office blocks has helped against 'decade of salami slicing cuts'; Spelthorne Borough Council says its property investments generate an additional [pounds sterling]10m per year

As the Public Works Committee chair, I implemented a municipal services budget for water and sewer that included a set aside for a sinking fund in order to fix the water mains and sewer lines when they reach the end of their useful life.

John T. Wagener: Candidate profile

Revenues generated by the BTr for November likewise improved by 10 percent year-on-year to P4.7 billion due to higher income from national government deposits and the bond sinking fund or securities stabilization fund, dividend collections from state corporations, and the national government's share in the income of the Philippine Amusement and Gaming Corp.

Fiscal gap widens 4-fold in November as spending surges

Report author Finbar McDonnell explained: "The vast majority of property managers told us that the reason apartment buildings haven't set aside sufficient funds is because property owners do not wish to pay increased service charges now, in order to build a sinking fund for the future.

Apartments flat broke for repairs, claims study

I would like to use this as an example of forward thinking and financial planning that transfers seamlessly into the world of property management through the operation of the humble sinking fund.

UAE's new visa a reminder that buildings also need retirement plans

MFABC also retains modest operating and debt reserves (via its DRF) as well as more than C$3 billion in sinking fund set-asides.

Fitch Affirms Municipal Finance Authority of British Columbia, Canada at 'AAA'; Outlook Stable