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.
Money will be distributed through the state revolving fund. 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. 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. 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. Sarah Swetlik | Sswetlik@al.com, al, 24 Feb. 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

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 22 Nov. 2024.

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