sinking fund

noun

Synonyms of sinking fundnext
: a fund set up and accumulated by usually regular deposits for paying off the principal of a debt when it falls due

Examples of sinking fund in a Sentence

Recent Examples on the Web
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
Its sinking fund feature helps users set savings goals for different life events, such as emergencies or vacations, and track their progress toward meeting them. Amy Deyoung, USA Today, 12 June 2026 The Innovation Grant money could finance that sinking fund, according to Ruggini. Bridget Fogarty, jsonline.com, 17 Nov. 2025 The other proposal will authorize 3 mills for 10 years, starting July 1, 2026, to create a building and site sinking fund for school buildings; school security improvements; technology; student transportation, and maintenance of student transportation vehicles. Christina Hall, Freep.com, 6 Aug. 2025 For those who attend multiple weddings per year, a wedding guest sinking fund is probably a good idea. Nerdwallet, Oc Register, 4 Apr. 2025 Anyone who does qualify for student loan forgiveness could use a sinking fund to pay your taxes. Dan Perry, Newsweek, 4 Jan. 2025 Start a sinking fund This time of year can be expensive because everything piles up at once. Emmie Martin, Cfp®, CNBC, 20 Dec. 2024 In Royal Oak, voters decisively approved the renewal of a millage that funds the school district's sinking fund. Bill Laitner, Detroit Free Press, 9 Nov. 2022 But sinking funds into that pipeline would be a major gamble. Alex De Waal, Foreign Affairs, 7 Feb. 2013

Word History

First Known Use

1717, in the meaning defined above

Time Traveler
The first known use of sinking fund was in 1717

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Cite this Entry

“Sinking fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/sinking%20fund. Accessed 17 Jun. 2026.

Kids Definition

sinking fund

noun
: a fund set up for paying off the original amount of a debt when it falls due

Legal Definition

sinking fund

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