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sinking fund

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WordReference Random House Unabridged Dictionary of American English © 2026

sink′ing fund′,

Businessa fund to extinguish an indebtedness, usually a bond issue.

1715–25

Collins Concise English Dictionary © HarperCollins Publishers::

sinking fund n

a fund accumulated out of a business enterprise's earnings or a government's revenue and invested to repay a long-term debt or meet a depreciation charge

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