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revolving fund
noun
: a fund set up for specified purposes with the proviso that repayments to the fund may be used again for these purposes
Examples of revolving fund in a Sentence
Recent Examples on the Web
Money will be distributed through the state revolving fund.
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The Arizona Republic, 10 Apr. 2024
Additionally, Tracie Marshall, superintendent of Portage’s wastewater treatment plant, said the state revolving fund loan for a solar project and new clarifiers at the plant should be done by Thanksgiving, with work to begin next spring.
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Doug Ross, Chicago Tribune, 7 Sep. 2023
The $400 million for water and sewer projects would include $195 million for projects identified as high-need and eligible for the EPA’s clean water and drinking water revolving funds.
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Mike Cason | McAson@al.com, al, 14 Mar. 2023
The task force recommended that the legislature consider using funds from the American Rescue Plan Act to provide grants for new and expanded child care programs and suggested creating a revolving fund or providing start-up grants to offset the cost of expansion operations.
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Sarah Swetlik | Sswetlik@al.com, al, 24 Feb. 2023
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Word History
First Known Use
1920, in the meaning defined above
Dictionary Entries Near revolving fund
Cite this Entry
“Revolving fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revolving%20fund. Accessed 15 Feb. 2025.
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