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revolving fund
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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.
Origin:
1925–30
1925–30
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2012.
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Based on the Random House Dictionary, © Random House, Inc. 2012.
Cite This Source
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Revolving fund
is always a great word to know.
So is slumgullion. Does it mean:
| the offspring of a zebra and a donkey. |
| a stew of meat, vegetables, potatoes, etc. |
Collins
World English Dictionary
| revolving fund | |
| —n | |
| a fund set up for a specific purpose and constantly added to by income from its investments | |
Collins English Dictionary - Complete & Unabridged 10th Edition
2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
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2009 © William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009
Cite This Source
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