C2 noun #135,367 most common

A fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt.

sinking fund in 30 Seconds

  • (noun) A fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt.

Meanings

  1. 1
    noun A fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt.
Was this helpful?

Comments (0)

Login to Comment
No comments yet. Be the first to share your thoughts!