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

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.

It then went on to authorise the Lord Lieutenant to appoint surveyors to be paid out of the Consolidated Fund.

From Thomas Davis, Selections from his Prose and Poetry by Rolleston, T. W. (Thomas William)

Ireland also contributes annually to the Consolidated Fund of the United Kingdom a sum of over four millions.

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

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

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