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

But nothing is said about compensating the Corporation by remitting their annual contribution to the expenses of the police force, and by defraying the same out of the Consolidated Fund.

From The Corporation of London, Its Rights and Privileges by Allen, William Ferneley

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

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

He transfers to the Consolidated Fund all the salaries heretofore partly paid by the Civil List, and in diplomacy there is a reduction of 28,000£ a year.

From A Political Diary 1828-1830, Volume II by Ellenborough, Edward Law, Earl of

Provisions as to judges and other persons having salaries charged on the Consolidated Fund.

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