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单词 revolving fund
释义

revolving 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.
Thesaurus
Noun1.revolving fund - a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedlyfund, monetary fund - a reserve of money set aside for some purpose

AcronymsSeerisk factor

revolving fund


Related to revolving fund: Petty Cash Fund
  • noun

Words related to revolving fund

noun a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly

Related Words

  • fund
  • monetary fund
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更新时间:2025/3/3 21:56:46