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

Here you will find one or more explanations in English for the word Sinking fund. Also in the bottom left of the page several parts of wikipedia pages related to the word Sinking fund and, of course, Sinking fund synonyms and on the right images related to the word Sinking fund.

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

- referred to as floating a bond. Sinking is its opposite, repaying debt or acquiring capital ****ets without debt. The sinking fund was first used in Great Britain...
- The Sinking Fund Building, also known as Firehouse No. 2, is an historic building in downtown Louisville, Kentucky. Located on Jefferson Street between...
- 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...
- 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...
- The East Indian Railway Company, operating as the East Indian Railway (reporting mark EIR), introduced railways to East India and North India, while the...
- resurfaced in 1894, with multiple petitions being submitted to the New-York Sinking Fund Commissioners. However, these petitions were all denied. By 1898, the...
- 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...
- prin****l (face value) along with the coupon payments. Compare with a sinking fund, which amortizes the total debt outstanding by repurchasing some bonds...
- levies over a period of years, require a debt service fund (sometimes titled as "interest and sinking fund") to account for their repayment. The debts of permanent...
- ****emblies [****emblées Nationales]. A customs union was set up as well as sinking fund. A political, economic and military coordination developed.". Nevertheless...