- sinking funds
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English-Tamil dictionary. 2014.
sinking funds
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sinking fund — Funds set aside to pay off a bond or preferred stock. ► Many companies create sinking funds, managed by a custodian, as a means to increase investor confidence and reduce the cost of borrowing … American business jargon
Sinking fund — Historical ContextA Sinking Fund was a device used in Great Britain in the 18th century to reduce national debt. While used by Robert Walpole in 1716 and effectively in the 1720s and early 1730s, it originated in the commercial tax syndicates of… … Wikipedia
sinking fund — a fund to extinguish an indebtedness, usually a bond issue. [1715 25] * * * Fund set aside by a corporation or government agency for the purpose of periodically redeeming bonds, debentures, and preferred stocks. The fund is accumulated from… … Universalium
sinking fund — UK / US noun [countable] Word forms sinking fund : singular sinking fund plural sinking funds money that you save in order to pay for something in the future … English dictionary
sinking fund — A *fund characterized by the periodic setting aside of amounts of *money to meet obligations. Common purposes of sinking funds include the repayments of loans and the replacement of *property plant, and equipment … Auditor's dictionary
sinking fund — see fund 1 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. sinking fund … Law dictionary
sinking fund bonds — ( sinkers) Revenue bond issues that require the issuer to accumulate or set aside part of the annual revenue which is then used to redeem bonds before maturity, often well before regular call dates. The set aside funds are called the sinking fund … Financial and business terms
Sinking Fund — A means of repaying funds that were borrowed through a bond issue. The issuer makes periodic payments to a trustee who retires part of the issue by purchasing the bonds in the open market. Rather than the issuer repaying the entire principal of a … Investment dictionary
Sinking fund — 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… … The Collaborative International Dictionary of English
sinking fund — A fund accumulated by a debtor, usually a corporation or public body, and invested in such a manner that its gradual accumulations will enable it to meet and wipe out the debt at maturity thereof. Huron v Second Ward Sav. Bank (CA8 SD) 86 F 272.… … Ballentine's law dictionary
public funds — 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… … The Collaborative International Dictionary of English
