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sinking fund

   Also found in: Legal, Financial, Acronyms, Encyclopedia, Wikipedia, Hutchinson 0.02 sec.
sink·ing fund (sngkng)
n.
A fund accumulated to pay off a corporate or public debt.
sinking fund
n
(Economics, Accounting & Finance / 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
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
sinking fund
n (Fin) → Tilgungsfonds m
sinking fund n (Comm) → fondo d'ammortamento
sinking fund n (Comm) → fondo d'ammortamento


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? Mentioned in ? References in classic literature
 
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.
Bureaucracy by de Balzac, Honore View in context
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