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.

A sinking fund is essentially a savings account you put aside for specific future expenses — holiday spending, in this case.

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

Let’s take the HOA example: If annual dues are $500 and you have six months to save, you need to put about $83 a month in your sinking fund.

From Seattle Times • Mar. 10, 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

T Insists on sinking fund for Intercolonial scheme, 57.

From The Makers of Canada: Index and Dictionary of Canadian History by Various