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sinking fund

/ˈsɪŋkɪŋ fʌnd/ /ˈsɪŋkɪŋ fʌnd/
noun
GeneralFinance
  1. 1 itfa fonu
  2. 2 birikim fonu

Definition (English)

  1. Money set aside over time to pay off a debt or fund a future expense.
  2. A fund created to gradually accumulate money for a specific future purpose.

Example Sentences

  1. They established a sinking fund for the new building.
    Yeni bina için bir birikim fonu oluşturdular.
  2. A sinking fund helps manage large future costs.
    Bir itfa fonu, gelecekteki büyük maliyetleri yönetmeye yardımcı olur.