单词	sinking fund
释义	sinking fund noun : a fund set up and accumulated by usually regular deposits for paying off the principal of a debt when it falls due Example Sentences Recent Examples on the Web If approved, village will add $3,371 annually to a sinking fund so the shades can be replaced when needed. Quinn Clark, Journal Sentinel, 25 Aug. 2022 Building and site sinking fund millage proposals for things such as infrastructure improvements and repairs, security improvements and technology upgrades were on ballots in Grosse Ile Township Schools. Christina Hall, Detroit Free Press, 11 Mar. 2020 The interest and sinking fund is commonly known as the district’s debt service rate. Elliott Lapin, Houston Chronicle, 18 Sep. 2019 The school district’s property tax rate is comprised of two elements, a maintenance and operation rate and an interest and sinking fund, which are combined to create the tax rate paid by property owners. Elliott Lapin, Houston Chronicle, 18 Sep. 2019 The millage would create a sinking fund for repairs and construction of school buildings, school security improvements and technology upgrades. Kathleen Gray, Detroit Free Press, 2 Aug. 2019 SINKING FUND BALLET PROPOSITION Level 3 mills over 10 years for the purpose of a sinking fund. Carlos Salcido, Detroit Free Press, 9 May 2018 Facility improvements in Southfield A proposal in Southfield Public Schools would allow for the creation of a .70-mill sinking fund for 10 years. Lori Higgins, Detroit Free Press, 6 May 2018 PROPOSAL Levy a building and site sinking fund tax, the proceeds of which will be used to make improvements and repairs to facilities and purchase technology. Carlos Salcido, Detroit Free Press, 9 May 2018 See More Word History First Known Use 1717, in the meaning defined above Legal Definition sinking fund see fund sense 1 sinking fund noun as in nest egg Synonyms & Similar Words Relevance nest egg funds savings treasure deposit stockpile reservoir resources provisions cache inventory coffers stash store hoard harvest reserve stock pool accumulation collection gathering repertory assemblage
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