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Revolving Funds (Checking Accounts and Cash Funds) are established to make a number of small authorized disbursements. These funds may be established with the intent of maintaining a balance or they may be established with the expectation that the balance will be reduced by the authorized transactions.

There are two types of revolving funds. Public enterprise revolving funds are distinguished from intragovernmental revolving funds by the source of revenues. Public enterprise revolving fund revenues come primarily from outside the Federal Government.

Structure A revolving fund is established by its members who are users of funds for some specific purpose. ... After that, members collect an initial fund investment, and then the fund is given to the member who needs and is willing to borrow at agreed terms.

A revolving savings account, also known as a revolving fund or rolling savings account, is a separate passbook savings account used to gather money for a specific goal.

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.

Definition. A revolving cash fund is a specific amount of money used to purchase inexpensive items. It is called revolving cash because as money is expended it is constantly being replaced.

Revolving fund means a separate fund (with a set of accounts that are independent of other program accounts) established for the purpose of carrying out specific activities which, in turn, generate payments to the fund for use in carrying out the same activities.

A revolving loan fund is a pool of public- and private-sector funds that recycles money as loans are repaid (revolved funds). Funding by a grant or a long-term/low-cost loan is used to start, replenish and expand revolving loan funds.