A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
偿债基金
Example sentencesExamples
Just consider the likelihood of congressmen agreeing to set aside $400 billion a year in a sinking fund instead of spending it on programs, projects, and overseas adventures designed to get him, or her, re-elected.
In each period a certain percentage of gross output is set aside into a sinking fund for depreciation and replacement; this percentage is based on the length of life of machines, which is assumed to be given and constant.
The sinking fund, where money for long-term expenditure goes, had run dry, so if there was a serious problem there would have been real trouble.
He also proposed a sinking fund, financed by post office revenues, that would be pledged to pay off the debt.
The banks which finance the investors may well require that the promoters/operators put aside a fixed amount into a sinking fund over the period of ownership by the investors.
Definition of sinking fund in US English:
sinking fund
nounˈsiNGkiNG ˌfənd
A fund formed by periodically setting aside money for the gradual repayment of a debt or replacement of a wasting asset.
偿债基金
Example sentencesExamples
In each period a certain percentage of gross output is set aside into a sinking fund for depreciation and replacement; this percentage is based on the length of life of machines, which is assumed to be given and constant.
He also proposed a sinking fund, financed by post office revenues, that would be pledged to pay off the debt.
The banks which finance the investors may well require that the promoters/operators put aside a fixed amount into a sinking fund over the period of ownership by the investors.
The sinking fund, where money for long-term expenditure goes, had run dry, so if there was a serious problem there would have been real trouble.
Just consider the likelihood of congressmen agreeing to set aside $400 billion a year in a sinking fund instead of spending it on programs, projects, and overseas adventures designed to get him, or her, re-elected.