revolving fund

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revolving fund

n.
A fund whose income or repayments can be used to finance its continuing operations from year to year, usually established by a government or nonprofit organization to provide discounted loans.

revolving fund

n
(Banking & Finance) a fund set up for a specific purpose and constantly added to by income from its investments

revolving fund

A fund established to finance a cycle of operations to which reimbursements and collections are returned for reuse in a manner such as will maintain the principal of the fund, e.g., working capital funds, industrial funds, and loan funds.
ThesaurusAntonymsRelated WordsSynonymsLegend:
Noun1.revolving fund - a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly
fund, monetary fund - a reserve of money set aside for some purpose
References in periodicals archive ?
Through the state revolving funds, EPA helps communities fund continuing and significant water infrastructure needs.
The history of revolving funds in the federal government and the legislative history of the statue creating the FEDLINK fund reveal a clear intent for FEDLINK to operate similar to private enterprise.
PMI's Gateway cities initiative establishes revolving funds to acquire or build housing in underserved communities across the United States.
By using the planning tools available to us, such as tax incentives, easements, revolving funds and zoning, we can make rehabilitation less expensive for property owners and stabilize land values so that a broader base of commercial enterprises can share in Lower Manhattan's tradition of success.
Similar to clean water or drinking water state revolving funds, the VRA's airport revolving fund makes an equity contribution to the reserve fund for each borrower.
The state revolving funds are EPA s primary tools for helping communities meet their continuing and significant water infrastructure needs.
Environmental Protection Agency (EPA) to award capitalization grants to qualifying states to establish and capitalize state water pollution control revolving funds in order to provide loans to local governments for sewage treatment projects.
2 million water pollution control and drinking water revenue bonds (state revolving funds programs), series 2006B.
5 billion of Revolving Funds Management Unit (UPDB) for 27th phase of Urban Village Community Economic Empowerment (PEMK), which distributed by Jakarta Provincial Government.
This authorizes the United States Environmental Protection Agency to award capitalization grants to qualifying states to establish and capitalize state water pollution control revolving funds to provide loans to local governments for sewage treatment projects.
s (EFC) approximately $198 million state clean water and drinking water revolving funds revenue bonds (Pooled Financing Program subordinated master financing indenture bonds), series 2006 C.
This program authorizes the United States Environmental Protection Agency to award capitalization grants to qualifying states to establish and capitalize state water pollution control revolving funds to provide loans to local governments for sewage treatment projects.