/ English Dictionary |
SINKING FUND
Pronunciation (US): | (GB): |
I. (noun)
Sense 1
Meaning:
A fund accumulated regularly in a separate account and used to redeem debt securities
Classified under:
Nouns denoting possession and transfer of possession
Hypernyms ("sinking fund" is a kind of...):
fund; monetary fund (a reserve of money set aside for some purpose)