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.
If Illinois only gets $11 million in revolving fund grants next year, as Trump is proposing, the waiting list will get longer. Michael Hawthorne, Chicago Tribune, 6 July 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 What makes this model even more efficient, however, is the revolving fund at its core: when students repay the loans, the money gets repurposed for the next student. Tracy Palandjian, TIME, 6 Feb. 2025 Money will be distributed through the state revolving fund. The Arizona Republic, 10 Apr. 2024 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 20 Jul. 2025.

Last Updated: - Updated example sentences
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