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
If you have leftover money in a sinking fund, either keep it there so you’re ahead of the game for next year, reallocate it to the next priority or pad your emergency fund, if needed.
From Seattle Times • Mar. 10, 2022
It used £10m of the surplus to add to its general budget, on top of the £14m it gets from tax, rates and grants, and put the remainder into a rainy-day sinking fund.
From Reuters • Jun. 24, 2020
In his polemic against Pitts' sinking fund as inopportune and excessive, he assumes that all sums saved in that way are completely withdrawn from the national demand.
From Principles of Political Economy, Vol. II by Roscher, Wilhelm
