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

The accounts of the Irish Consolidated Fund shall be audited as appropriation accounts in manner provided by the Exchequer and Audit Departments Act, 1866, by or under the direction of the holder of such office.

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

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.

Colonial loans are not charged on the Consolidated Fund.

From Against Home Rule (1912) The Case for the Union by Rosenbaum, S.

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

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