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
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
The sinking fund should provide the council with a cushion to get through the next couple of years.
From Reuters • Jun. 24, 2020
The Century bonds were issued and a sinking fund set aside for the payment of interest.
From Life Gleanings by Macon, T. J.