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

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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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
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Example sentences
There is created in the state treasury a public service revolving fund.
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