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
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
As the pandemic has strained Spelthorne’s finances and led to a rise in rent arrears, the council has moved to tap the sinking fund.
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
