TERMIUM Plus®

The Government of Canada’s terminology and linguistic data bank.

SINKING FUND FACTOR [1 record]

Record 1 1998-09-18

English

Subject field(s)
  • Financial and Budgetary Management
  • Economic Planning
DEF

The level deposit required each year to reach 1 by a given year. The reciprocal of the compounding factor for 1 per annum. Generally obtained from a set of compounding and discounting tables. This factor permits calculating the equal installment that must be set aside each year, to be invested at compound interest, in order to have a predetermined sum at a given time. It is primarily used to determine how much must be put into a fund in order to have recovered the amount of an investment at the end of its useful life.

French

Domaine(s)
  • Gestion budgétaire et financière
  • Planification économique

Spanish

Campo(s) temático(s)
  • Gestión presupuestaria y financiera
  • Planificación económica
DEF

Es el depósito igual necesario cada año, a fin de llegar a uno para un año dado. Es el recíproco del factor de interés compuesto para uno por año. En general, se obtiene de un conjunto de tablas de interés compuesto y de descuento. Este factor permite calcular el pago igual que debe apartarse cada año, para invertirse a interés compuesto, con objeto de tener una suma determinada de antemano en un momento dado. Se utiliza principalmente para establecer cuánto debe ponerse en el fondo, a fin de tener recuperado el monto de una inversión al final de su vida útil.

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