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sinking fund

/ˈsɪŋkɪŋ fʌnd/

1 entry

phrase

/ˈsɪŋkɪŋ fʌnd/C1formalbusiness
  • ruФинансовый термин, обозначающий фонд, создаваемый корпорацией или правительством для накопления денег с течением времени с целью погашения долга или облигации при наступлении срока погашения.

A financial term referring to a fund established by a corporation or government to accumulate money over time for the purpose of repaying a debt or bond at maturity.

  1. Debt repayment fundC1formal

    A fund established by a corporation or government to set aside money over time to repay a bond or debt at maturity.

    ruФонд погашения долга

    • The company created a sinking fund to ensure it could repay its bondholders.
    • Investors felt more secure knowing the issuer had a sinking fund.
    • The sinking fund requires annual contributions of $1 million.