Noun
a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly
Source: WordNetIf these assets were set up as a revolving fund with which Japan could import raw materials for its industries, Japanese exports could again enter the channels of world trade-and Japanese workers would have employment and something to eat. James Forrestal
JD(S) leader H.D. Kumaraswamy pointed out that the farmers’ revolving fund that was used for market intervention scheme to help farmers during price crash situation was being run with the help of the APMC cess. Source: Internet
GSA said that while the agency may tap the Federal Buildings Fund, a revolving fund for real property management, it generally does not move forward with upgrades not approved by facility security councils. Source: Internet
I believe we will also need a $10 billion revolving fund to help home and property owners build Accessory Dwelling Units (in-law units or granny flats). Source: Internet
The Government is working towards the establishment of a maritime revolving fund to support youth to acquire specialized training in the maritime sector in order to empower them with skills and competencies to take up opportunities in the maritime sector. Source: Internet
Mugoba urged the beneficiaries to utilise the money for the intended purpose so that all people in the community benefit from the revolving fund projects. Source: Internet