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
The sinking fund should provide the council with a cushion to get through the next couple of years.
From Reuters • Jun. 24, 2020
The working expenses per Board of Trade unit sold, excluding depreciation, sinking fund and interest were as follows:— 1896.
From Encyclopaedia Britannica, 11th Edition, Volume 9, Slice 2 "Ehud" to "Electroscope" by Various