Definition of Sinking fund. Meaning of Sinking fund. Synonyms of Sinking fund

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Definition of Sinking fund

Sinking fund
Sinking Sink"ing, a. & n. from Sink. Sinking fund. See under Fund. Sinking head (Founding), a riser from which the mold is fed as the casting shrinks. See Riser, n., 4. Sinking pump, a pump which can be lowered in a well or a mine shaft as the level of the water sinks.
Sinking fund
Fund Fund, n. [OF. font, fond, nom. fonz, bottom, ground, F. fond bottom, foundation, fonds fund, fr. L. fundus bottom, ground, foundation, piece of land. See Found to establish.] 1. An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work, or for maintaining existence. 2. A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported; as, the fund of a bank, commercial house, manufacturing corporation, etc. 3. pl. The stock of a national debt; public securities; evidences (stocks or bonds) of money lent to government, for which interest is paid at prescribed intervals; -- called also public funds. 4. An invested sum, whose income is devoted to a specific object; as, the fund of an ecclesiastical society; a fund for the maintenance of lectures or poor students; also, money systematically collected to meet the expenses of some permanent object. 5. A store laid up, from which one may draw at pleasure; a supply; a full provision of resources; as, a fund of wisdom or good sense. An inexhaustible fund of stories. --Macaulay. Sinking fund, the aggregate of sums of money set apart and invested, usually at fixed intervals, for the extinguishment of the debt of a government, or of a corporation, by the accumulation of interest.

Meaning of Sinking fund from wikipedia

- A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a ****ure capital expense, or repayment...
- The Sinking Fund Building, also known as Firehouse No. 2, is an historic building in downtown Louisville, Kentucky. Located on Jefferson Street between...
- The East Indian Railway Company, operating as the East Indian Railway (reporting mark EIR), introduced railways to East India and North India, while the...
- the interest and prin****l payments, flowed into a fourth fund, the sinking fund. This was intended to be applied to the repayment of the national debt...
- prin****l (face value) along with the coupon payments. Compare with a sinking fund, which amortizes the total debt outstanding by repurchasing some bonds...
- submitted their proposals in November 1902; and by February 1903, the Sinking Fund Commission announced their decision to give B&O the operating license...
- agreement). There are also other features that minimize risk, such as a "sinking fund", which means that the debtor must pay some of the value of the bond...
- interest on its debt every six months, and the sinking fund was ample. The cemetery created an endowment fund in 1900, and put $7,207 into it ($300,000 in...
- Boutwell, had a policy to sell Treasury gold at biw****ly intervals for a sinking fund to pay off the national debt. Along with other, non-routine gold sales...
- owners' corporation is required to have a ten-year sinking fund plan. Developing a ten-year sinking fund plan means that ****ure repairs and maintenance are...