sinking fund Meaning and Definition

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English to Urdu Machines Translation

sinking fund

سرمایہ بے باق

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Definitions

English definition for sinking fund

1. n. a fund accumulated regularly in a separate account and used to redeem debt securities

All in One

A sinking fund is a fund established by an economic entity by setting aside revenue over a period of time to fund a future capital expense, or repayment of a long-term debt.
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