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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

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

A sinking fund is different from other kinds of savings accounts — like an emergency fund or a traditional savings account — in a few ways.

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

Renewal for the equipment is taken care of by the creation of a sinking fund based on an average life of four years.

From Motor Truck Logging Methods Engineering Experiment Station Series, Bulletin No. 12 by Knapp, Frederick Malcolm