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.
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
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 holds money that’s earmarked for a specific goal or expense.
From Seattle Times • Mar. 1, 2022
“That sinking fund is over and above the £10m a year that is going into support the normal services of the council.”
From Reuters • Jun. 24, 2020
He undoubtedly exercised a check on extravagance, and he did real service by helping to abolish the sinking fund.
From Encyclopaedia Britannica, 11th Edition, Volume 13, Slice 8 "Hudson River" to "Hurstmonceaux" by Various
