What is another word for sinking fund?

Pronunciation: [sˈɪŋkɪŋ fˈʌnd] (IPA)

The term "sinking fund" refers to a reserve of money set aside to pay off a debt at a later date. There are many synonyms for sinking fund, including "reserve fund," "debt repayment fund," "amortization fund," and "future payment account." "Save-to-pay fund" and "repayment savings account" are also commonly used synonyms for sinking funds. Other similar terms include "accumulation fund," "payback account," and "retirement fund." Regardless of the terminology used, the main purpose of a sinking fund is to provide financial security and stability by setting aside funds to pay off debts and future obligations in a timely and responsible manner.

What are the hypernyms for Sinking fund?

A hypernym is a word with a broad meaning that encompasses more specific words called hyponyms.
  • Other hypernyms:

    financial reserve, financial cache, financial stockpile, fiscal hoard, savings fund.

What are the hyponyms for Sinking fund?

Hyponyms are more specific words categorized under a broader term, known as a hypernym.

Related words: sinking fund balance, sinking fund interest rate, sinking fund calculator, sinking fund short, sinking fund information, sinking fund calculator excel

Related questions:

  • What is a sinking fund?
  • What is the purpose for a sinking fund?
  • How does a sinking fund work?
  • When should a sinking fund be set up?
  • How does a company create a sinking fund?
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