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A revolving fund is a fund or account that remains available to finance an organization's continuing operations without any fiscal year limitation, because the organization replenishes the fund by repaying money used from the account.
Diagram explaining the use of state revolving funds. A state revolving fund (SRF) is a fund administered by a U.S. state for the purpose of providing low-interest loans for investments in water and sanitation infrastructure (e.g., sewage treatment, stormwater management facilities, drinking water treatment), as well as for the implementation of nonpoint source pollution control and estuary ...
A Revolving Loan Fund (RLF) is a source of money from which loans are made for multiple small business development projects. Revolving loan funds share many characteristics with microcredit, micro-enterprise, and village banking, namely providing loans to persons or groups of people that do not qualify for traditional financial services or are otherwise viewed as being high risk. [1]
Trust Revolving Funds are business-like activities, designated by statute as trust funds. They are, otherwise, identical to public enterprise revolving funds. [51] Deposit funds are similar to the agency funds used by state and local governments for assets belonging to individuals and other entities, held temporarily by the government. State ...
BananaStock Ever since the financial crisis, regulators have worried about the safety of money-market mutual funds, where U.S. investors had $2.8 trillion parked as of last month. The Securities ...
The United States Navy Working Capital Fund (NWCF) is a branch of the family of United States Department of Defense (DoD) Working Capital Funds. The NWCF is a revolving fund, an account or fund that relies on sales revenue rather than direct Congressional appropriations to finance its operations. It is intended to generate adequate revenue to ...
In June, the Oklahoma Historical Society museum reached a major milestone on the path to completion when Gov. Kevin Stitt signed Senate Bill 1155, which established a revolving fund to hold $18 ...
Congress allowed states to replace the stolen benefits on a limited basis using federal funds, as part of a government funding bill two years ago. So far, states have replaced more than $150 ...