SINKING FUND


Meaning of SINKING FUND in English

noun

EXAMPLES FROM CORPUS

A sinking fund establishes a procedure for the orderly retirement of a bond over the life of the issue.

Almost its only significant proposal was concerned with debt management and the Creation of a new sinking fund .

Bond indentures often contain call provisions and sinking fund require-ments.

He also would establish a national debt-elimination sinking fund to set aside the fruits of economic growth for debt reduction.

The 1990-91 figure of £50,000 under Continuing Education was set aside for a pupillage sinking fund .

The bonds are noncallable, but the 2010 maturity is callable subject to a sinking fund .

Longman DOCE5 Extras English vocabulary.      Дополнительный английский словарь Longman DOCE5.