sinking fund Synonyms
sinking fund Meaning
sinking fund (n)
a fund accumulated regularly in a separate account and used to redeem debt securities
sinking fund Sentence Examples
- 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.
- The homeowner contributed a portion of their monthly mortgage payment to a sinking fund for future property taxes.
- The corporation's sinking fund strategy involved reinvesting earnings back into the fund to maximize growth over time.
- The sinking fund balance is closely monitored to ensure that the organization meets its financial obligations.
- The sinking fund is a valuable financial tool that allows organizations to plan for and meet future expenses.
- The sinking fund concept has been used by municipalities, businesses, and individuals for centuries.
- By establishing a sinking fund, organizations can reduce financial risks and ensure the long-term stability of their operations.
FAQs About the word sinking fund
a fund accumulated regularly in a separate account and used to redeem debt securities
savings, nest egg, treasure, deposit,funds, resources,reservoir, cache, stockpile, coffers
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.
