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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.

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

Let’s take the HOA example: If annual dues are $500 and you have six months to save, you need to put about $83 a month in your sinking fund.

From Seattle Times • Mar. 10, 2022

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 • Feb. 8, 2022

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