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
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
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
The Irish Parliament will have power to raise loans on the security of the “transferred” revenue, sufficient provision being made for interest and sinking fund.
From The New Irish Constitution by Morgan, J. H.
