Sinking Fund - Meaning, Provision, Example, What is it?
Sinking Fund - Meaning, Provision, Example, What is it?
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What is a sinking fund? A sinking fund is a fund that will help cover a large expense that you know you have coming up. Examples of sinking funds are vacations, birthdays, Christmas etc.You allocate funds to this fund over time, that way when the event happens you’ll either have all of the money or most of it.What sinking funds do you currently have going? | I Am Her Stationary
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