revolving fund

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Words related to revolving fund

a fund which, if borrowed or used, is intended to be replenished so it may be loaned or spent repeatedly

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References in periodicals archive ?
In 2008, local cooperatives that used revolving funds also used patrons' estate redemptions 48 percent of the time.
The real beauty of revolving funds is that they do not have to start out big to be effective.
2 billion for the Clean Water State Revolving Fund and $2 billion for the Safe Drinking Water Act Revolving Fund.
The Library of Congress has requested our decision concerning the assignment of losses incurred by the Federal Library and Information Network (FEDLINK) revolving fund as a result of advance payments made to a defaulting contractor.
To promote rehabilitation, a revolving fund should be created from a variety of public and private sources, the report recommends.
CHICAGO -- Fitch Ratings has assigned an 'AA' rating to the Virginia Resources Authority's (VRA) $5,580,000 airports revolving fund revenue bonds series 2007 (taxable).
Environmental Protection Agency recently awarded the Water Infrastructure Finance Authority of Arizona a $9 million grant for its Clean Water State Revolving Fund and a nearly $17 million grant for its Drinking Water State Revolving Fund for water pollution control and drinking water infrastructure projects.
The rating reflects the strong coverage margins provided by excess loan repayments and federal state revolving fund (SRF) capitalization grants for the clean water SRF (CWSRF) and drinking water SRF (DWSRF) programs, which would facilitate bondholder payments, even assuming unprecedented levels of defaults among pledged municipal loans.
Environmental Protection Agency recently awarded the Hawaii Department of Health a $10,946,000 million grant for the Clean Water State Revolving Fund and a $9,125,000 million grant for the Drinking Water State Revolving Fund for water pollution control and drinking water infrastructure projects.
Therefore, its ability to finance projects is often far more substantial than the fixed pool of capital that comprises most revolving funds.
s (EFC) approximately $198 million state clean water and drinking water revolving funds revenue bonds (Pooled Financing Program subordinated master financing indenture bonds), series 2006 C.
5 billion of Revolving Funds Management Unit (UPDB) for 27th phase of Urban Village Community Economic Empowerment (PEMK), which distributed by Jakarta Provincial Government.
One innovative approach, using return-oriented green revolving funds (GRFs), is a rapidly growing trend at colleges and universities.
CHICAGO -- Fitch rates the New York State Environmental Facilities Corporation (EFC) $201 million state clean water and drinking water revolving funds revenue bonds (New York City Municipal Water Finance Authority (NYCMWFA) Projects - second resolution bonds), series 2006A 'AAA' and rates the EFC's $256 million NYCMWFA Projects subordinate lien bonds 'AA+'.
Fitch analyzed the default tolerance of the ISRF's portfolio using a stress test it also applies to state revolving funds and other municipal loan pools.