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
And if you haven’t already, start saving for the holidays by setting up a sinking fund.
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
“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
The uses to which the sinking fund had been applied in England and its inefficiency in the reduction of the national debt were well understood by the Secretary.
From Inquiry Into the Origin and Course of Political Parties in the United States by Van Buren, Martin