sinking-fund bond

noun

: a bond issued with a provision that a specified amount or percentage of the issuer's income will be paid annually into a sinking fund set up to retire the bond issue

Love words?

You must — there are over 200,000 words in our free online dictionary, but you are looking for one that’s only in the Merriam-Webster Unabridged Dictionary.

Start your free trial today and get unlimited access to America's largest dictionary, with:

  • More than 250,000 words that aren't in our free dictionary
  • Expanded definitions, etymologies, and usage notes
  • Advanced search features
  • Ad free!

Dictionary Entries Near sinking-fund bond

Cite this Entry

“Sinking-fund bond.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sinking-fund%20bond. Accessed 5 Nov. 2024.

Love words? Need even more definitions?

Subscribe to America's largest dictionary and get thousands more definitions and advanced search—ad free!