rainy day fund

noun

US
: a fund of money set aside especially by a government to be used during a time of revenue shortfalls or budget deficits

Examples of rainy day fund in a Sentence

Recent Examples on the Web
These examples are automatically compiled from online sources to illustrate current usage. Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback about these examples.
That’s not even considering the $27.1 billion of energy-tax money Hegar expects to build up in the state’s rainy day fund. Dallas News, 19 Jan. 2023 In 2014, voters passed Proposition 2, which updated the rules governing the Budget Stabilization Account (better known as the rainy day fund) and created the Public School System Stabilization Account. Kathleen Pender, San Francisco Chronicle, 2 Mar. 2023 Senators and delegates also passed a handful of technical fixes to the two-year spending plan related to the state retirement system and to a mandatory rainy day fund. Laura Vozzella, Washington Post, 25 Feb. 2023 Prior to 1985, the state did not have a rainy day fund that could be used as a cushion during a downturn. Bill Glauber, Journal Sentinel, 23 Feb. 2023 See all Example Sentences for rainy day fund 

Word History

First Known Use

1883, in the meaning defined above

Time Traveler
The first known use of rainy day fund was in 1883

Dictionary Entries Near rainy day fund

Cite this Entry

“Rainy day fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rainy%20day%20fund. Accessed 8 Nov. 2024.

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