sinking fund Meaning in the Cambridge English Dictionary Cambridge dictionaries logo

Meaning of “sinking fund” in the English Dictionary

"sinking fund" in British English

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sinking fundnoun [C]

uk   us   specialized
moneysaved by a ​company or ​government for the ​payment of ​futuredebts
(Definition of sinking fund from the Cambridge Advanced Learner’s Dictionary & Thesaurus © Cambridge University Press)

"sinking fund" in Business English

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sinking fundnoun [C]

uk   us  
FINANCE money that a ​companypays into an ​account so that it can ​payinvestors, ​lenders, etc. the ​money it ​owes them: By ​paying off a ​portion of its ​debt each ​year with the ​sinkingfund, the ​company will face a much ​smallerfinalbill.
UK PROPERTY an ​account into which all ​owners of ​apartments in a ​building make ​regularpayments for future ​repairs to the ​building: Make sure that the ​block in which you are ​buying a ​flat has a ​healthysinkingfund.
(Definition of sinking fund from the Cambridge Business English Dictionary © Cambridge University Press)
Translations of “sinking fund”
in Chinese (Simplified) 偿债基金…
in Chinese (Traditional) 償債基金…
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“sinking fund” in Business English

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