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Topic: FINANCE


sinking fund

noun
     
sinking fund [countable] technical
BF money saved regularly by a business to pay for something in the future

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accountant accounting appropriate asset audit auditor balance sheet bond cash flow compensate compound controller cost CPA credit(n) credit(v) due earn economic equity failure figure finance financier FY gross holding inheritance injection invest investment investor leverage mature maturity net(a) net(v) non-payment option portfolio principal proceeds property purse p.w. real receiver rent rental resource return(v) return(n) revenue ruin saving speculation squeeze term total transfer trust weak

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