Definition of Revolving fund:
Account established to finance a continuing cycle of operations through amounts received, such as a working capital fund.
A fund that is continually replenished as withdrawals are made.
How to use Revolving fund in a sentence?
- The minister said the credit facility was a revolving fund and that its success would depend on the recipients diligence in servicing the loans.
Meaning of Revolving fund & Revolving fund Definition