sinking fund

Some donors are funding candidates and state parties directly, while others are sinking funds into state-level groups that are pushing out direct mail and digital ads.

Just keep in mind: Put money into sinking funds based on priority and necessity.

A sinking fund holds money that’s earmarked for a specific goal or expense.

The company will set up a sinking fund governed by an advisory committee for the remediation effort, which will be reviewed when depleted.

It used £10m of the surplus to add to its general budget, on top of the £14m it gets from tax, rates and grants, and put the remainder into a rainy-day sinking fund.