sinking fund

noun

: 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

Borrowers may look to sinking funds as a way to help plan for potential student loan debt cancellation. —Dan Perry, Newsweek, 4 Jan. 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

But sinking funds into that pipeline would be a major gamble. —Alex De Waal, Foreign Affairs, 7 Feb. 2013

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

If approved, village will add $3,371 annually to a sinking fund so the shades can be replaced when needed. —Quinn Clark, Journal Sentinel, 25 Aug. 2022

Building and site sinking fund millage proposals for things such as infrastructure improvements and repairs, security improvements and technology upgrades were on ballots in Grosse Ile Township Schools. —Christina Hall, Detroit Free Press, 11 Mar. 2020

Word History

First Known Use

1717, in the meaning defined above

Rhymes for sinking fund

• and
• bund
• gunned
• hund
• mund
• shunned
• stunned
• fecund
• refund
• rotund
• secund

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

see fund sense 1