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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.

Just keep in mind: Put money into sinking funds based on priority and necessity.

From Seattle Times

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

From Seattle Times

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

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

The bill also caps the length of new sinking fund millages, from 20 years to 10 years.

From Washington Times