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词汇 revolving-fund
释义 revolving fund
noun[ C ]
ukus
FINANCE
an amount of money that exists in order to finance something, but from which any loans must be replaced in order that the full amount is available again:
The Land Trust has a state revolving fund to pay for security and maintenance of abandoned properties.

Examples of revolving fund


revolving fund
Such a revolvingfund offers several advantages to the donor.
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The newly irrigated land would be sold and money would be put into a revolvingfund that supported more such projects.
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The program started in 1993 and has a revolvingfund of $15 million.
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Trusts that work on a number of simultaneous or successive projects are known as "revolvingfund trusts".
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As the project is funded through donations or through revenue the project may generate, the funds can be repaid to the revolvingfund.
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A revolvingfund is intended to operate on a break-even basis over time; that is, it neither makes a profit nor incurs a loss.
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By keeping a positive account balance, and by looking for ways to stretch capital further, revolvingfund activities are exercising sound financial management.
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The working capital investment is a revolvingfund to keep the facilities operating.
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A revolvingfund gets its name from the cyclic nature of the cash flow.
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Once living in their new home, the family then make interest-free mortgage payments into a revolvingfund which then provides capital to build homes for other families.
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Wikipedia

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These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.
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