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
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.