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revolving fund

Saltos de línea: re|volv¦ing fund

Definición de revolving fund en inglés:


A fund that is continually replenished as withdrawals are made.
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.

Definición de revolving fund en:

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Pronunciación: rɪˈzɪlɪənt
able to recoil or spring back into shape…