NOUN
- a fund accumulated regularly in a separate account and used to redeem debt securities
How To Use sinking fund In A Sentence
- The following year a sinking fund was established in an effort to amortize the debt.
- The most obvious of these hurdles are the regular interest payments and sinking fund contributions. Principles of Corporate Finance
- The most obvious of these hurdles are the regular interest payments and sinking fund contributions. Principles of Corporate Finance
- While the sinking fund may not cover the full cost of such an operation, it can take the sting out of its tail.
- He also would establish a national debt-elimination sinking fund to set aside the fruits of economic growth for debt reduction.
- To liquidate ( a debt, such as a mortgage ) by installment payments or payment into a sinking fund.
- The first instalments of interest and sinking fund on these two bond issues were paid from the proceeds of the bonds, then for several months the "regie" supplied funds, and then came the first crash. Santo Domingo A Country with a Future
- • 1 • 1 •/• 1 1 itiiasionerB to be shall be ex oifaciis commissioners or said sinking tund, and ex otHciis com - all securities for such loans and investments shall be made inking fund! to them as commissioners of the sinking fund of the county of Hampden. Acts and resolves passed by the General Court
- regie," under the management of Westendorp, took charge of the customhouses with the obligation of paying a certain amount to the government monthly and devoting the remainder to payment of interest and sinking fund of the loans. Santo Domingo A Country with a Future
- If the landlord has raided the sinking fund any other reason, leaseholders can issue court proceedings for repayment of the money. Times, Sunday Times