Sinking Fund means the Sewer System Debt Redemption Fund in the Sewage Disposal Fund, which the City has created to provide for the repayment of bonded debt and the interest on bonded debt. Sample 1 Sample 2 Sample 3 sinking fund meaning: 1. money saved by a company or government for the payment of future debts 2. money saved by a. Learn more. Sinking fund requirement A condition included in some corporate bond indentures that requires the issuer to retire a specified portion of debt each year. Any principal due at maturity is called ... Sinking fund method is a
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