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 debt is the kind of debt that credit cards offer and is usually an easy way to get credit. It can be a useful tool when used with discipline. Revolving debt consits of open-ended accounts, usually with variable interest rates, pre-determined credit limits and payments that are calculated as a percentage of the unpaid balance. Credit cards, home equity lines of credit (HELOC) and personal lines of credit are all examples of revolving debt.