sinking fund
noun
UK/ˈsɪŋ.kɪŋ ˌfʌnd/
US/ˈsɪŋ.kɪŋ ˌfʌnd/
Definitions of sinking fund noun
- Countable(可數名詞)finance & economics(金融與經濟)
A designated fund accumulated by a company or government to repay outstanding debts in the future.
償債基金
The company established a sinking fund to ensure they could repay the bonds that mature in five years.
公司設立了償債基金,確保他們能夠償還五年後到期的債券。
The government uses a sinking fund to manage and reduce its long-term debt.
政府使用償債基金來管理和減少其長期債務。
Regular contributions are made to the sinking fund in preparation for future debt repayments.
定期向償債基金供款,為未來的債務償還做準備。