revolving fund


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Related to revolving fund: Petty Cash Fund

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 ?
For decades the Clean Water State Revolving Fund has supported critical water infrastructure projects that help grow the American economy and support our way of life, said Mike Shapiro, Acting Assistant Administrator for EPAs Office of Water.
5 million from the Clean Water State Revolving Fund to the Angelina and Neches River Authority (Angelina County).
In a memorandum to all federal ministries, provincial departments of finance, planning and development, AGPR and State Bank, the finance minister stated that the NBP will be the designated bank for handling all transactions of revolving fund accounts.
Cotton and cotton gin cooperatives mainly use the revolving fund method of equity redemption.
The first revolving fund was started by the City of Phoenix in the late 1970s during a national energy crisis.
7 billion for both state revolving funds, equally split, while simultaneously seeking $3.
The loss resulting from RoweCom's bankruptcy is related to the operation of the FEDLINK program, and is an appropriate expense of the revolving fund.
Susan Golding, mayor of San Diego and the commission's chairwoman, said the revolving fund would be established ``in order not to thwart the will of the people'' like Valley VOTE supporters who gathered enough signatures of registered voters to force the cityhood study under state law.
An alternative method of funding the project internally was explored--through a revolving fund that would reduce the cost of the facility-operating department while allowing the principal and interest from the capital invested to replenish the revolving fund.
This article consists of excerpts from the report Establishing a Green Lights Revolving Fund, published by Public Technology, Inc.
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.
For instance, the revolving fund never carried enough money to do more than maintain smoothly running operations, GAO notes.