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sinking fund

n.
1.a fund accumulated regularly in a separate account and used to redeem debt securities

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  • Idiom of the Day

    You can't teach an old dog new tricks.
    people become used to their way of doing things and you can't get them to change
    You can't teach an old dog new tricks and my grandfather will never miss drinking a glass of milk before he goes to bed.



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    These photos ________taken when we were living in Cuenca

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    A punishment used in China in the old days was for a prisoner to be kept in an iron cage with his head sticking out the top.The cage was too tall to sit in, and too short to stand up. Some prisoners were left to starve to death inside.      .. More >>
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