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

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

As to existing judges and other persons having salaries charged on the Consolidated Fund.

From A Leap in the Dark A Criticism of the Principles of Home Rule as Illustrated by the Bill of 1893 by Dicey, Albert Venn

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)

On the Consolidated Fund Bill Mr. Fell and other Members for East Anglia represented very poignantly the woes inflicted upon their constituencies by the air and sea raids.

From Punch, or the London Charivari, Vol. 150, June 7, 1916 by Seaman, Owen, Sir

Like Irish Land Stock, these loans are secured on the Consolidated Fund; but I do not think a fear is now suggested that the Consolidated Fund is in danger on that account.

From The Framework of Home Rule by Childers, Erskine