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revolving fund

   Also found in: Acronyms, Wikipedia 0.01 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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The legislation will allow GSA to combine its two revolving funds, the General Supply Fund and the Technology Fund, into a single entity.
GAO-04-388 March 31, 2004 This report presents the results of our audit of the financial statements of the Daniel Webster Senate Page Residence Revolving Fund (the Fund) for the fiscal year ending September 30, 2002.
The Gateway Cities Initiative provides revolving funds to underserved communities across the United States.
 
 
 
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