sinking fund

Word family adjectivesinkablesinkynounsinkagesinkersinkingsinkholesinking fundverbsink

Related topics: Finance

ˈsinking ˌfund noun [countableC] technical

BFmoney saved regularly by a business to pay for something in the future 〔公司储备的〕偿债基金

Examples from the Corpus

sinking fund• The bonds are noncallable, but the 2010 maturity is callable subject to a sinking fund.• A sinking fund establishes a procedure for the orderly retirement of a bond over the life of the issue.• Bond indentures often contain call provisions and sinking fund require-ments.• He also would establish a national debt-elimination sinking fund to set aside the fruits of economic growth for debt reduction.• Almost its only significant proposal was concerned with debt management and the Creation of a new sinking fund.• The 1990-91 figure of £50,000 under Continuing Education was set aside for a pupillage sinking fund.

From Longman Business Dictionary

sinking fundˈsinking fund [countableC]FINANCECOMMERCE

a fund into which regular payments are made so that future expenses can be paid

The building’s management company set up a sinking fund to which all flat owners contributed to pay for repairs.

→ fund

词汇	sinking fund
释义	sinking fund Word family adjectivesinkablesinkynounsinkagesinkersinkingsinkholesinking fundverbsink Related topics: Finance ˈsinking ˌfund noun [countableC] technical BFmoney saved regularly by a business to pay for something in the future 〔公司储备的〕偿债基金 Examples from the Corpus sinking fund• The bonds are noncallable, but the 2010 maturity is callable subject to a sinking fund.• A sinking fund establishes a procedure for the orderly retirement of a bond over the life of the issue.• Bond indentures often contain call provisions and sinking fund require-ments.• He also would establish a national debt-elimination sinking fund to set aside the fruits of economic growth for debt reduction.• Almost its only significant proposal was concerned with debt management and the Creation of a new sinking fund.• The 1990-91 figure of £50,000 under Continuing Education was set aside for a pupillage sinking fund. From Longman Business Dictionary sinking fundˈsinking fund [countableC]FINANCECOMMERCE a fund into which regular payments are made so that future expenses can be paid The building’s management company set up a sinking fund to which all flat owners contributed to pay for repairs. → fund
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