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sinking fund

   Also found in: Legal, Financial, Encyclopedia, Wikipedia, Hutchinson 0.04 sec.
sink·ing fund (sngkng)
n.
A fund accumulated to pay off a corporate or public debt.

sinking fund
Noun
a fund set aside to repay a long-term debt
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.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
Spanish sinking fund nfondo de amortización
French sinking fund nfonds mpl d'amortissement
German sinking fund sink nTilgungsfonds m
Italian sinking fund n (COMM) → fondo d'ammortamento

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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.
 
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