sinking fund

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Related to sinking funds: amortization, Call provision

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.

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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

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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

While laws such as JOPC in the UAE stipulate requirements for minimum sinking funds to ensure long-term sustainability of a building, in essence, neither of these measures are effectively managed or followed.

Crimping on facilities upkeep is shortsighted

His topics include present value and sinking funds, calculating break-even and after-tax profit, financial reporting formulas: the balance sheet, bringing reports to life: powerful arguments with the numbers, statistics for effective reporting, and incredible math shortcuts.

Math for Managers, 2nd Edition

It includes suggestions such as regular inspections, ownership associations and sinking funds being required to improve and protect tenement buildings across Scotland.

Support to improve tenement buildings

Apartment owners in Dublin fork out an average of [euro]1,200 for management fees each year and many pay an additional [euro]200 annu-ally in sinking funds - which are used to upgrade roofs, lifts, pumps, boilers, carpets and fire alarms.

Apartments flat broke for repairs, claims study

Sinking funds attempt to answer the question of how much capital is required to allow that asset to 'retire' and be replaced.

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

The authority returns all excess earnings on sinking fund investments to its borrowers, once sinking funds have earned enough to satisfy associated debenture debt service requirements.

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

"This transaction is fundamentally about the reduction of risk as we look to focus on our proven winners going forward and thus refrain from sinking funds into turnarounds that may or may not succeed," stated El Khazindar.

Qalaa in deal to sell Egypt metallurgy firms

Balances of cash and investments excluding sinking funds remain healthy at around 59% of net direct and indirect debt and are expected to be maintained at around 50% of debt in 2014-15.

Moody's upgrades Saskatchewan to Aaa from Aa1

Ross, Edward Alsworth, 1892, Sinking Funds, Publications of the American Economic Association, Vol.