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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

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 holds money that’s earmarked for a specific goal or expense.

From Seattle Times • Mar. 1, 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

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