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revolving fund

noun

  1. any loan fund intended to be maintained by the repayment of past loans.
  2. a U.S. government fund, with loans and repayments equalized, used to aid businesses affecting the public interest, as public utilities.

revolving fund

noun

  1. a fund set up for a specific purpose and constantly added to by income from its investments

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Word History and Origins

Origin of revolving fund1

First recorded in 1925–30

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Example Sentences

This creates a revolving fund to be used over and over again.

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