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
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
Its subjection to the operations of a sinking fund, and the qualification that the amount of the debt should be kept within proper limits, were of course features in their platform.
From Inquiry Into the Origin and Course of Political Parties in the United States by Van Buren, Martin
