Sinking-fund
noun
1.
a fund to extinguish an indebtedness, usually a bond issue.
sinking fund
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
sinking fund definition
A fund into which companies or governments place money to redeem their bonds and other forms of indebtedness.
Read Also:
- Sinkless
adjective 1. unsinkable, as a ship.
- Sink through the floor
Suffer extreme embarrassment, as in When she called our name on the list of those who owed dues, I sank through the floor. This hyperbolic term dates from the early 1900s.
- Sinless
adjective 1. free from or without sin. adjective 1. free from sin or guilt; innocent; pure
- Sinner
noun 1. a person who sins; transgressor.
- Sinn-fein
noun 1. a political organization in Ireland, founded about 1905, advocating the complete political separation from Great Britain of a unified Ireland. 2. a member of this organization. noun 1. an Irish republican political movement founded about 1905 and linked to the revolutionary Irish Republican Army: divided into a Provisional and an Official movement since […]