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
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
He is, however, entitled to credit for laying the foundation of an effective sinking fund.
From The Life of William Ewart Gladstone (Vol 2 of 3) by Morley, John