Search Result for "sinking fund":
Wordnet 3.0

NOUN (1)

1. a fund accumulated regularly in a separate account and used to redeem debt securities;

The Collaborative International Dictionary of English v.0.48:

Fund \Fund\, n. [OF. font, fond, nom. fonz, bottom, ground, F. fond bottom, foundation, fonds fund, fr. L. fundus bottom, ground, foundation, piece of land. See Found to establish.] 1. An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work, or for maintaining existence. [1913 Webster] 2. A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported; as, the fund of a bank, commercial house, manufacturing corporation, etc. [1913 Webster] 3. pl. The stock of a national debt; public securities; evidences (stocks or bonds) of money lent to government, for which interest is paid at prescribed intervals; -- called also public funds. [1913 Webster] 4. An invested sum, whose income is devoted to a specific object; as, the fund of an ecclesiastical society; a fund for the maintenance of lectures or poor students; also, money systematically collected to meet the expenses of some permanent object. [1913 Webster] 5. A store laid up, from which one may draw at pleasure; a supply; a full provision of resources; as, a fund of wisdom or good sense. [1913 Webster] An inexhaustible fund of stories. --Macaulay. [1913 Webster] Sinking fund, the aggregate of sums of money set apart and invested, usually at fixed intervals, for the extinguishment of the debt of a government, or of a corporation, by the accumulation of interest. [1913 Webster]
The Collaborative International Dictionary of English v.0.48:

Sinking \Sink"ing\, a. & n. from Sink. [1913 Webster] Sinking fund. See under Fund. Sinking head (Founding), a riser from which the mold is fed as the casting shrinks. See Riser, n., 4. Sinking pump, a pump which can be lowered in a well or a mine shaft as the level of the water sinks. [1913 Webster]
WordNet (r) 3.0 (2006):

sinking fund n 1: a fund accumulated regularly in a separate account and used to redeem debt securities
Bouvier's Law Dictionary, Revised 6th Ed (1856):

SINKING FUND. A fund arising from particular taxes, imposts, or duties, which is appropriated towards the payment of the interest due on a public loan and for the gradual payment of the principal. See Funding System.