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.

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

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

As the pandemic has strained Spelthorne’s finances and led to a rise in rent arrears, the council has moved to tap the sinking fund.

From Reuters • Jun. 24, 2020

The money may be repaid by equal instalments of principal, or of principal and interest, or by means of a sinking fund.

From Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 4 "England" to "English Finance" by Various