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SINKING FUND
SINKING FUND
ScnAdmin
a
company
fund
contributed to regularly and
set
apart for the
retirement
of a
debt
, the redemption of
stock
or to make up
depreciation
losses on a
property
investment
.
SINKING FUND
ScnMaster
a
fund
made up of sums of
money
set
aside from
time
to
time
and usually
invested
at
interest
, to pay a
debt
,
meet
expenses
, etc.
—
SHSBC
Binder 6 Approved Glossary
SINKING FUND
ScnTUEU
a
fund
made up of sums of
money
set
aside from
time
to
time
and usually
invested
at
interest
, to pay a
debt
,
meet
expenses
, etc.