Capital works fund
nouncap·i·tal works fundpronounced KAP-ih-təl WERKS fund
Last reviewed 16 April 2026
What does the noun Capital works fund mean?
A reserve fund built up through levies to pay for major repairs and replacements to common property, such as roof replacement, repainting, or lift upgrades. Previously called the sinking fund.
How the noun Capital works fund is used
Before buying the apartment, we checked the capital works fund balance to make sure it could cover the planned roof replacement.
Synonyms
sinking fund
Related words
Cite this entry
MLA citation: "Capital works fund." How to Property, 16 Apr. 2026, https://howtoproperty.com.au/definitions/capital-works-fund. Accessed 30 May 2026.
Chicago citation: How to Property. "Capital works fund." Last modified April 16, 2026. https://howtoproperty.com.au/definitions/capital-works-fund.
APA citation: How to Property. (2026, April 16). Capital works fund. https://howtoproperty.com.au/definitions/capital-works-fund