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 ?
The New York State Environmental Facilities Corporation ( EFC ) requests proposals from certified public accounting firms to provide audit services to EFC, including: An audit of EFCs financial statements, including the operation of the Clean Water State Revolving Fund and Drinking Water State Revolving Fund; An examination and report on Internal Control Over Financial Reporting; An examination and report on Compliance With Investment Guidelines; An audit of EFCs compliance in accordance with the United States Office of Management and Budget ( OMB ) Single Audit Requirements (Subpart F); An examination and report on the Trustee for both State Revolving Funds; Attendance at conferences and meetings; and Any other services that may be requested.
Though these projects have remained largely untapped by financing through green revolving funds, this white paper examines both the successes and obstacles of financing food service and education programs through the green revolving fund model on eight campuses in the United States.
Many municipalities have turned to revolving funds to pay for efficiency projects.
7 billion for both state revolving funds, equally split, while simultaneously seeking $3.
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.
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.
Through the state revolving funds, EPA helps communities fund continuing and significant water infrastructure needs.
Based on data from 79 active green revolving funds at the 76 institutions in the survey, the following findings emerged: (1) 31 U.
2 million water pollution control and drinking water revenue bonds (state revolving funds programs), series 2006B.
The state revolving funds are EPA s primary tools for helping communities meet their continuing and significant water infrastructure needs.