Sinking Fund¶
Merriam-Webster. Sinking Fund.
Cited by¶
1 citation across 1 artifact.
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Mechanisms¶
- Repayment Reserve
- A real, well-understood analogue is the sinking fund: money set aside on a regular schedule specifically to retire a future obligation, so the obligation never has to be met from a single strained budget.
This sourceMerriam-Webster.com Dictionary (n.d.). Defines a sinking fund as money accumulated through regular deposits to meet a future debt obligation.
- A real, well-understood analogue is the sinking fund: money set aside on a regular schedule specifically to retire a future obligation, so the obligation never has to be met from a single strained budget.
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