Revolving fund

Revolving fund,

Definition of Revolving fund:

  1. Account established to finance a continuing cycle of operations through amounts received, such as a working capital fund.

  2. A fund that is continually replenished as withdrawals are made.

How to use Revolving fund in a sentence?

  1. 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