Sentence examples for sinking fund from inspiring English sources
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.
2. Over weight, or, The sinking fund, or, The downfall of faro [graphic] / Rd.
If there is no sinking fund it's a different ball game.
* ACF Industries' senior sinking fund debenture rating was lowered to B, from BBB-, by Standard & Poor's.
ITT Corp., $100 million of sinking fund debentures due 2016, BBB+/A-3/A.
Beginning in 1996, a sinking fund will retire 50percentt of the issue before maturity.
Has a sinking fund in which she puts all her earnings.
Sinking funds are administered separately from the corporation's working funds by a trust company or a sinking-fund trustee.
With PAC bond CMO classes, the period before the PAC sinking fund becomes effective.
In comparison with sinking-fund bonds, serial bonds have a shorter average maturity.
Champion International, $100 million of sinking-fund debentures due 2016, BBB/Baa-1/BBB+.
At a price of $71 each, buying enough bonds to satisfy the sinking-fund requirement would cost about $9 million.
