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

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

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

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

It may also be described with statutory authority as “The Account of the Consolidated Fund of Great Britain and Ireland.”

From Encyclopaedia Britannica, 11th Edition, Volume 10, Slice 1 "Evangelical Church Conference" to "Fairbairn, Sir William" by Various

Imperial credit for Land Purchase to be extended as before, by loans guaranteed on the Consolidated Fund, under any conditions now or hereafter to be made by the Imperial authorities.

From The Framework of Home Rule by Childers, Erskine

Frequent requests were however made for something to be done and the slightest possibility of a surplus in the Consolidated Fund always raised hopes.

From Report of the Chief Librarian for the Year Ended 31 March 1958: Special Centennial Issue by Burns, A. D.