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working-capital fund

[ wur-king-kap-i-tl ]

noun

  1. a fund established to finance operating activities in an industrial enterprise.


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Example Sentences

Examples have not been reviewed.

In 2016, fuel prices on the open market plummeted even more, enabling the Pentagon to build an even bigger surplus in the working-capital fund.

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All told, the Pentagon has withdrawn a total of $5.9 billion from the working-capital fund since 2011, according to figures provided by the Defense Department.

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When fuel prices spike upward, he said, the Pentagon sometimes must raid other accounts to pump more money into the working-capital fund for fuel.

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The memo said the unplanned increase was necessary “to ensure the continued solvency” of the Pentagon’s working-capital fund for fuel.

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In 2015, as petroleum prices on the open market were plunging, the working-capital fund amassed an even bigger surplus.

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