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sinking fund



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She does this by contributing a little bit of money every month into a "sinking fund" - a pot of money set aside for a specific purpose.

From BBC Jul. 24, 2026

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 different from other kinds of savings accounts — like an emergency fund or a traditional savings account — in a few ways.

From Seattle Times Mar. 10, 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

A sinking fund is a convenient means frequently resorted to for redemption of a debenture debt, and is especially suitable where the security is of a wasting character, leaseholds, mining property or a patent.

From Encyclopaedia Britannica, 11th Edition, Volume 7, Slice 10 "David, St" to "Demidov" by Various




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