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
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
T Insists on sinking fund for Intercolonial scheme, 57.
From The Makers of Canada: Index and Dictionary of Canadian History by Various
From Roget's 21st Century Thesaurus, Third Edition Copyright © 2013 by the Philip Lief Group.
