Definition of Sinking fund
1. Noun. A fund accumulated regularly in a separate account and used to redeem debt securities.
Sinking Fund Pictures
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Lexicographical Neighbors of Sinking Fund
Literary usage of Sinking fund
Below you will find example usage of this term as found in modern and/or classical literature:
1. The Cambridge Modern History by John Emerich Edward Dalberg Acton Acton, Ernest Alfred Benians, Sir Adolphus William Ward, George Walter Prothero (1909)
"It was impossible to restore the South Sea Company to complete health, but Walpole kept it alive by cordials from the sinking fund until it gained ..."
2. Index of Economic Material in Documents of the States of the United States by Adelaide Rosalia Hasse (1912)
"On condition of sinking fund; constitutional and legislative provisions upon ... Deficit in sinking fund revenue to be provided for by extra levy; cause. ..."
3. The Financial Policy of Corporations by Arthur Stone Dewing (1920)
"The regular and imperative demand of the sinking fund trustees always affords a ... Aside from this advantage the basis of the sinking fund in corporation ..."
4. Index of Economic Material in Documents of the States of the United States by Adelaide Rosalia Hasse (1907)
"Bonds due in 1880 left unprovided for by act abolishing sinking fund of 1865 and impossibility of payment . (Govs. aim. mess. 1880: 7-9.) 1882-1884. ..."