- 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
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2018
- a fund set up for a specific purpose and constantly added to by income from its investments