How to Use revolving fund in a Sentence

revolving fund

noun

• The loans will be part of a revolving fund, so when the funds that are repaid, the money will then be used to fund other projects in the state.
  — Dennis Pillion | [e-mail], al, 18 Sep. 2022
• The task force is asking for an annual $20 million revolving fund for the next 20 years to maintain and remove dams.
  — Anna Liz Nichols, Star Tribune, 3 Feb. 2021
• To fund actual bail payments for inmates, the Bail Project uses a national revolving fund.
  — Courtney Astolfi, cleveland, 9 Nov. 2020
• Once a homeowner sells, transfers or refinances their house, according to the program’s outline, the owner would pay back to the revolving fund an amount equal to 17% of the home’s current value — even if the amount is larger than the initial loan.
  — Hannah Wileystaff Writer, Los Angeles Times, 11 May 2022
• That may include economic incentives, special financing or a pot of money like a revolving fund.
  — Nina Ignaczak, Detroit Free Press, 24 Oct. 2021
• The Michigan Solidarity Bail Fund describes itself as a revolving fund as bail money is often returned once a case has been concluded.
  — Miriam Marini, Detroit Free Press, 2 June 2020
• If approved, the legislation would start a revolving fund similar to the water infrastructure fund that lawmakers launched in 2013.
  — Robert T. Garrett, Dallas News, 3 May 2021
• The new legislation also sets up a revolving fund at the Treasury Department used to pay whistleblowers with money collected from enforcement actions based on their tips.
  — Mengqi Sun, WSJ, 11 Jan. 2023
• The authority is creating a revolving fund to pay for costs associated with property acquisitions including obtaining legal title and marketing properties, which would be repaid to the fund after the properties are sold.
  — Mike Nolan, chicagotribune.com, 11 Oct. 2020
• Logistics of the bill create a revolving fund, provided by the medical marijuana authority, that sets aside an annual $5 million for county sheriffs to dedicate an officer for one year to the medical marijuana authority.
  — From Usa Today Network and Wire Reports, USA TODAY, 17 May 2022

Last Updated: 24 Jul 2024