The DICT Development Group

Search for:
Search type:

Database copyright information
Server information

4 definitions found
 for Sinking fund
From 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]

From 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]

From WordNet (r) 3.0 (2006) :

  sinking fund
      n 1: a fund accumulated regularly in a separate account and used
           to redeem debt securities

From 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. 

Contact=webmaster@dict.org Specification=RFC 2229