| Definition of 'revolving fund' |
Princeton's WordNet |
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1. (noun) revolving fund
a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly
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| Definition of 'revolving fund' |
Dictionary of Military and Associated Terms |
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1. 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.
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