Revolving Fund Account Definition - MilitaryDictionary.org
revolving fund account
1.) An account authorized by specific provisions of law to finance a continuing cycle of business-type operations, and which are authorized to incur obligations and expenditures that generate receipts.
In the United States, military vocabulary is standardized by the Department of Defence. These terms are used by the United States Army, Navy, Air Force, and Marine Corps.
Term Classification: personnel
Department of Defence, Dictionary of Military and Associated Terms
Term sourced from JP 1-06: Financial Management Support in Joint Operations, updated March 2012 View source document
This term is marked as active and was last updated in 2015
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