What medications treat schizophrenia? Find out the side effects, how to help your loved one stick to a plan, and more.
revolving fund. revolving fund. A fund established to finance a cycle of operations to which reimbursements and collections are returned for reuse in a manner such as will maintain the principal of the fund, e.g., working capital funds, industrial funds, and loan funds.
Revolving credit is a type of credit that can be used repeatedly up to a certain limit as long as the account is open and payments are made on time. With revolving credit, the amount of available credit, the balance, and the minimum payment goes up and down depending on the purchases and payments made to the account. Payments are made based on the amount that's been borrowed, plus an interest charge based on the balance.