sinking fund (Meaning)
sinking fund (n)
a fund accumulated regularly in a separate account and used to redeem debt securities
Synonyms & Antonyms of sinking fund
FAQs About the word sinking fund
a fund accumulated regularly in a separate account and used to redeem debt securities
savings,funds, treasure, deposit, nest egg, inventory, coffers, stash, provisions, store
No antonyms found.
The company created a sinking fund to gradually accumulate funds for paying off its long-term debt.
The sinking fund is designed to provide a steady source of liquidity for unexpected expenses or future investments.
The sinking fund assets are typically invested in low-risk, interest-bearing securities.
The municipality established a sinking fund to ensure sufficient funds were available for essential infrastructure repairs.
