What does Sinking Fund mean?
A fund established by an organization to set aside money over time to retire a debt or replace an asset.
The corporation set up a sinking fund to ensure it could repay its bondholders at maturity.
Sinking Fund in German, French, Spanish and Italian
GermanTilgungsfonds
also Amortisationsfonds
Dient der planmäßigen Tilgung von langfristigen Schulden.
FrenchFonds d'amortissement
Fonds constitué pour rembourser une dette à son échéance.
SpanishFondo de amortización
Fondo reservado para pagar una deuda futura o reemplazar activos.
ItalianFondo di ammortamento
Accantonamento di somme per il rimborso di un prestito obbligazionario.
Common phrases with Sinking Fund
- establish sinking fund
- contribute to sinking fund
- retire debt with sinking fund
Synonyms and opposites for Sinking Fund
- Synonym Amortization Fund