n. One who is in favor of funding a debt or debts, or of providing a sinking-fund for the gradual extinction of debt.n. Specifically In U. S. politics, from about 1878 onward, a Virginian who was in favor of funding and paying the entire debt of the State (less the quota properly falling upon West Virginia), in distinction from a so-called readjuster, who advocated the repudiation of a part of the debt.