Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

English definition of “sinking fund”

sinking fund

noun [C]
 
 
FINANCE money that a company pays into an account so that it can pay investors, lenders, etc. the money it owes them: By paying off a portion of its debt each year with the sinking fund, the company will face a much smaller final bill.
UK PROPERTY an account into which all owners of apartments in a building make regular payments for future repairs to the building: Make sure that the block in which you are buying a flat has a healthy sinking fund.
(Definition of sinking fund from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of sinking fund?
Add Cambridge dictionaries to your browser to your website

Definitions of “sinking fund” in other dictionaries

Translations of “sinking fund”

Word of the Day

scrumpy

an alcoholic drink made from apples

Word of the Day

Blog

Read our blog about how the English language behaves.

Learn More

New Words

Find words and meanings that have just started to be used in English, and let us know what you think of them.

Learn More