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
Examples are automatically compiled from online sources to show current usage. Read More Opinions expressed in the examples do not represent those of Merriam-Webster or its editors. Send us feedback.
It is expected to include a millionaires tax to fund affordable housing, a revolving fund and target of 20,000 new homes. Patrick Anderson, The Providence Journal, 27 Feb. 2026 Rents from the property will pay back the bonds and provide additional money to create a revolving fund, said Colin Miller, the commission’s senior vice president for real estate development. David Garrick, San Diego Union-Tribune, 8 Sep. 2025 Creating an state affordable housing tax credit, a first-time homebuyer tax credit and a revolving fund for workforce housing. Eleanor McCrary, Louisville Courier Journal, 29 Jan. 2025 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. Doug Ross, Chicago Tribune, 7 Sep. 2023 See All Example Sentences for revolving fund

Word History

First Known Use

1920, in the meaning defined above

Time Traveler
The first known use of revolving fund was in 1920

Cite this Entry

“Revolving fund.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/revolving%20fund. Accessed 6 Jul. 2026.

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