Working Capital Fund
4 definitions

Working Capital Fund

A type of intragovernmental revolving fund that operates as a self-supporting entity that conducts a regular cycle of businesslike activities. These funds function entirely from the fees charged for the services they provide consistent with their statutory authority. 

Working Capital Fund

A fund (consisting of liquid assets) that is set aside to enable the homeowners’ association of a PUD or condo project to meet its liabilities for unforeseen expenditures or for the purchase of additional equipment or services. Generally, Fannie Mae requires the initial amount of this fund to equal at least two months’ worth of the estimated common charges for each unit in the project.

Working Capital Fund

A revolving fund that operates as an accounting entity. In these funds, the assets are capitalized and all income is in the form of offsetting collections derived from the funds’ operations and available in their entirety to finance the funds’ continuing cycle operations without fiscal limitation. A working capital fund is a type of intragovernmental revolving fund.

Working Capital Fund

A revolving fund established to finance inventories of supplies and other stores, or to provide working capital for industrial-type activities.

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About this term

Working Capital Fund has been defined 4 different ways in documents like A Glossary of Terms Used in the Federal Budget Process, Selling Guide Glossary, GLOSSARY of ADS TERMS, and 1 more.

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