/ · 1894 Brewer’s · F · Fund
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
The sinking fund is money set aside by the Government for paying off a part of the national debt. This money is “sunk,” or withdrawn from circulation, for the bonds purchased by it are destroyed.
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Entry taken from Dictionary of Phrase and Fable, edited by the Rev. E. Cobham Brewer, LL.D. and revised in 1895.
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