A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt. In North America and elsewhere where it is common for public and private corporations to raise funds through the issue of bonds, the term is only normally used in this context...
Found on
http://en.wikipedia.org/wiki/Sinking_fund
Fund established to periodically retire a portion of a security issue before maturity. The corporation is required to make periodic sinking-fund payments to a trustee.
Found on
http://wps.pearsoned.co.uk/wps/media/objects/1669/1709588/glossary/glossary
fund accumulated and set aside by a corporation or government agency for the purpose of periodically redeeming bonds, debentures, and preferred ...
Found on
http://www.britannica.com/eb/a-z/s/101
A fund to which money is added on a regular basis that is used to ensure investor confidence that promised payments will be made and that is used to redeem debt securities or preferred stock issues.
Found on
http://www.duke.edu/~charvey/Classes/wpg/bfgloss.htm
Money set aside for the repayment of debt. For a company, a sinking fund is used to allow annually for
depreciation; in the case of a nation, a sinking fund pays off a part of the national debt. ...
Found on
http://www.encyclo.co.uk/local/20688
An account set up to reduce another account to zero over time (using the principles of amortization
Found on
http://www.encyclo.co.uk/local/22398
A bond with interest and principal payments coming from the proceeds of a sinking fund.
Found on
http://www.encyclo.co.uk/local/22402
Money set aside on a regular basis by a company, that is used for paying debts, taxes, etc., which are due at a later date
Found on
http://www.encyclo.co.uk/local/22643
A fund established by bond issuers, generally required in the bond resolution, that is increased through time for the purpose of either retiring some of the outstanding bonds before their maturity or reducing the risk of default of the bonds,
Found on
http://www.encyclo.co.uk/visitor-contributions.php
The repayment of debt by an issuer at stated regular intervals through purchases in the open market or drawings by lot.
Found on
http://www.exchange-handbook.co.uk/index.cfm?section=glossary&first_letter=
Money regularly set aside by a company to redeem its bonds, debentures or preferred stock from time... <a target=_blank href='http://www.finance-glossary.com/terms/sinking-fund.htm?id=2138&ginPtrCode=00000&PopupMode=false' title='Read full definition of sinking fund'>more</a>
Found on
http://www.finance-glossary.com/pages/home.htm
[
n] - a fund accumulated regularly in a separate account and used to redeem debt securities
Found on
http://www.webdictionary.co.uk/definition.php?query=sinking%20fund
noun a fund accumulated regularly in a separate account and used to redeem debt securities
Found on
https://www.encyclo.co.uk/local/20974
A sinking fund is an account that is used to deposit and save money to repay a debt or replace a wasting asset in the future. In other words, it?s like a savings account that you deposit money in regularly and can only be used for a set purpose.
Found on
https://www.myaccountingcourse.com/accounting-dictionary/accounting-diction
No exact match found.
