Consolidated Fund

American  

noun

1. a British national fund created to pay grants to the royal family, interest on public debt, etc., by consolidating various public securities.

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Consolidated Fund British  

noun

1. a fund into which tax revenue is paid in order to meet standing charges, esp interest payments on the national debt

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Example Sentences

Reading of Consolidated Fund Bill, on which debate arose, carried by 314 against 222.

From Punch, or the London Charivari, Vol. 146, April 1, 1914 by Seaman, Owen, Sir

On and after the appointed day there shall be an Irish Consolidated Fund separate from the Consolidated Fund of the United Kingdom.

From England's Case Against Home Rule by Dicey, Albert Venn

An Irish Exchequer and an Irish Consolidated Fund will be created, and an Irish Auditor-General appointed.

From The New Irish Constitution by Morgan, J. H.

Libraries of Government Departments—A total of £45,357 was spent on behalf of Government Departments financed from the Consolidated Fund and purchasing through the National Library Service.

From Report of the National Library Service for the Year Ended 31 March 1958 by New Zealand. National Library Service

He also proposed that the new endowment should be a charge upon the Consolidated Fund, so that angry discussions of the kind in which bigotry and prejudice delight might be avoided.

From Lord John Russell by Reid, Stuart J. (Stuart Johnson)