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Definitions

sinking fund



Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

To grow your money before the holiday rush, consider parking your sinking fund in high-yield savings accounts that often let you earn up to 5% APY.

From Salon • Nov. 26, 2024

And if you haven’t already, start saving for the holidays by setting up a sinking fund.

From Salon • Nov. 26, 2024

A sinking fund holds money that’s earmarked for a specific goal or expense.

From Seattle Times • Mar. 1, 2022

The company will set up a sinking fund governed by an advisory committee for the remediation effort, which will be reviewed when depleted.

From Reuters • Feb. 8, 2022

To clear off or extinguish, as a debt, usually by means of a sinking fund.

From Webster's Unabridged Dictionary by Webster, Noah