Tag: Appropriations Law

Revolving Fund (CongressionalGlossary.com)

Revolving Fund (CongressionalGlossary.com)

From the Congressional Glossary – Including Legislative and Budget Terms Revolving Fund photo credit: Orbisnonsuficit A fund established by Congress to finance a cycle of businesslike operations through amounts received by the fund. A revolving fund charges for the sale of products or services and uses the proceeds to finance its spending, usually on a […]