Definition of revolving fund in English:

revolving fund

Line breaks: re|volv¦ing fund

noun

A fund that is continually replenished as withdrawals are made.
More example sentences
  • 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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Word of the day retroflex
Pronunciation: ˈrɛtrə(ʊ)flɛks
adjective
turned backwards