Definition of Sinking fund. Meaning of Sinking fund. Synonyms of Sinking fund
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Definition of Sinking fund
Sinking fundSinking 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 fundFund 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
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...
- prin****l (face value) along
with the coupon
with a sinking fund
, which amortizes
- agreement). There
are also other features
risk, such as a "sinking fund
," which means
that the debtor
must pay some of the value
of the bond...
- years, require
a debt service
fund (sometimes titled
as "interest and sinking fund
") to account
repayment. The debts
- 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
to meet annual interest
and prin****l payments
on debt, including sinking fund
payments. In personal
finance, DSCR refers
to a ratio
used by bank loan...
of the after-tax NPV of the operating
cost stream Applying
a sinking fund amortization factor
to the after-tax amount
of any salvage
is a section
of the Monrovia metropolitan
area in Liberia. United Nations Mission
(UNMIL) has its headquarters
in Sinkor. Emb****ies,...
- ****emblies [****emblées Nationales]. A customs union
was set up as well as sinking fund
. A political, economic
and military coordination
- A Specimen
" Bond Certificate
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