Business and Personal Finance Dictionary

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• ENTERPRISE FUND
  
  (1) A fund established to account for government operations financed and operated in a manner similar to private business enterprises (e.g., water, gas, and electric utilities; airports; parking garages; or transit systems). In this case the governing body intends that costs (i.e., expenses, including depreciation) of providing goods or services to the general public on a continuing basis be refinanced or recovered primarily through user charges.
  
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