Betekenis van:
revolving fund

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

    Hyperoniemen


    Voorbeeldzinnen

    1. be managed as a revolving fund and aim at being financially sustainable.
    2. Although splitting the special fund into tranches would have had the advantage of increasing the number of potential banking partners for the Land given that very few operators would have been interested in taking on a fund of some DEM 2,5 billion, the fund was nevertheless a revolving fund involving income from loans granted being ploughed back and thus constituted a single entity.
    3. be managed as a revolving fund and aim at being financially sustainable. Its operations shall be on market-related terms and conditions and shall avoid creating distortions on local markets and displacing private sources of finances;
    4. EUR 1500 million to finance the Investment Facility in accordance with the terms and conditions set out in Annex II (Terms and conditions of financing) to this Agreement, comprising an additional contribution of EUR 1100 million to the resources of the Investment Facility, managed as a revolving fund, and EUR 400 million under the form of grants for the financing of the interestrate subsidies provided for in Articles 2 and 4 of that Annex over the period of the 10th EDF.