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单词 revolving fund
释义

revolving fund

noun
A fund that is continually replenished as withdrawals are made.The minister said the credit facility was a revolving fund and that its success would depend on the recipients' diligence in servicing the loans....
  • Between 1992 and 1999, CISP's limited support centered on irrigation, veterinary service, tsetse fly control, a revolving fund scheme, and microcredit.
  • ‘There is need for Government to set up a revolving fund which will give women access to funds for expansion because it is impossible to borrow from banks due to high interest rates,’ she said.
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更新时间:2024/11/11 8:40:38