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
A sinking fund is a savings account dedicated to a particular expense that you fund gradually through regular payments.
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
To clear off or extinguish, as a debt, usually by means of a sinking fund.
From Webster's Unabridged Dictionary by Webster, Noah
