sinking fund वाक्य

It adds that further rating support is provided by the creation of a sinking fund to capture progress payments from Putrajaya Holdings.
They added a second auditor in the office of the state auditor, and gave greater discretion to the state's sinking fund commission.
The pamphlet caught the interest of William Pitt the Younger, who drafted a proposal to reform the " Sinking Fund " in 1786.
The Cabinet also said that the BMTA could not use the sinking fund because it had been committed to the buyers of bonds.
The government is sinking funds into an underwater theme park by submerging five ships in the waters around Grand Cayman, officials said Thursday.

SINKING FUND ( Dana Terikat ) : Money set aside on a regular basis by a borrower in order to redeem outstanding loans.
Tuesday, the Cabinet turned down the organisation's proposal that it should be allowed to use Bt1 . 7 billion of the sinking fund.
Apprehension of national bankruptcy led to the adoption of the device of a sinking fund but, in this instance, Pitt's usual sagacity failed him.
In 1817 the political mood was such that Congress was encouraged to establish a sinking fund to retire the $ 123 million national debt.
The firm, based at 70 Pine Street ( the American International Building ) specialized in government tax-exempt bonds, and later in sinking fund financing.