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 is a savings account dedicated to a particular expense that you fund gradually through regular payments.
From Seattle Times • Mar. 10, 2022
“As part of our financial modelling for each property, we have put in significant provisions for a sinking fund to cover void periods,” Harvey told IFR last month.
From Reuters • Jun. 24, 2020
The annual charge should include interest and a sinking fund that would return the capital invested, with interest, within fifty years.
From Our National Defense: The Patriotism of Peace by Maxwell, George Hebard
