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.
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sinking fund is in the Accounting & Auditing and Banking, Commerce & Finance subjects.
sinking fund appears in the definitions of the following terms: sinker and debt service fund
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http://www.businessdictionary.com/definition/sinking-fund.html







