revolving fund
noun
any loan fund intended to be maintained by the repayment of past loans.
a U.S. government fund, with loans and repayments equalized, used to aid businesses affecting the public interest, as public utilities.
Origin of revolving fund
First recorded in 1925–30
Words nearby revolving fund
revolver,
revolving,
revolving charge account,
revolving credit,
revolving door,
revolving fund,
revolving stage,
revue,
revulsant,
revulsed,
revulsion
British Dictionary definitions for revolving fund
revolving fund
noun
a fund set up for a specific purpose and constantly added to by income from its investments