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单词 sinking fund
释义

sinking fund

Definition
Reserved created by periodically setting aside certain sums in a custodial account (as cash or investment in marketable securities) for future replacement of an asset or repayment of a liability.

Use 'sinking fund' in a Sentence

My dad told me that he was setting aside funds for a sinking fund that we would need at some point.
The sinking fund was increasing at an unexpectedly high rate which concerned the management about determining the optimal use of our funds.
You may want to set up a sinking fund to save you just incase everything goes bad at the same time.
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更新时间:2025/4/17 9:55:07