Found 2 items, similar to Sinking fund.
English → English
Definition: sinking fund
n : a fund accumulated regularly in a separate account and used
to redeem debt securities
English → English
Definition: Sinking 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
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.
, 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.
a. & n. from Sink
. See under Fund
(Founding), a riser from which the mold is fed
as the casting shrinks. See Riser
, n., 4.
, a pump which can be lowered in a well or a
mine shaft as the level of the water sinks.