English Dictionary |
SINKING FUND
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Dictionary entry overview: What does sinking fund mean?
• SINKING FUND (noun)
The noun SINKING FUND has 1 sense:
1. a fund accumulated regularly in a separate account and used to redeem debt securities
Familiarity information: SINKING FUND used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A fund accumulated regularly in a separate account and used to redeem debt securities
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("sinking fund" is a kind of...):
fund; monetary fund (a reserve of money set aside for some purpose)
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