Business / Agriculture / Export Credit Revolving Fund: The Agriculture and Food Act of 1981 authorized a revolving loan fund that would provide short-term and intermediate-term direct credit for export sales of agricultural commodities, breeding animals, and handling facilities in developing markets. Once capitalized, loans would be made from the initial fund and repayments of principal and interest would return to the fund to be revolved as new loans. Money was never appropriated to capitalize the revolving fund and its statutory authority was eliminated in the FACT Act of 1990.
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Credit Noun Synonyms: belief, faith, trust, credence
Credit Verb Synonyms: ascribe, acknowledge, attribute, assign, impute
Fund Noun Synonyms: finance, back, capitalize, stake, support, pay for, endow, grant, subsidize
Fund Adjective Synonyms: supply, stock, reserve, store, pool, cache, reservoir, repository, mine
Business / Finance / National Foundation For Consumer Credit: A nonprofit organization that seeks to help consumers who have taken on too much debt by helping them work out payment plans and supplying credit counseling. MORE
Business / Accounting / National Credit Union Administration (NCUA): A federal agency that charters and oversees federal credit unions. The NCUA insures deposits at federal credit unions and at some state credit unions against certain losses. MORE