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revolving fund

   Also found in: Acronyms, Wikipedia 0.02 sec.
revolving fund
n.
A fund established for a certain purpose, such as making loans, with the stipulation that repayments to the fund may be used anew for the same purpose.
revolving fund
n
(Economics, Accounting & Finance / Banking & Finance) a fund set up for a specific purpose and constantly added to by income from its investments
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.
ThesaurusLegend:  Synonyms Related Words Antonyms
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


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