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

A sum was to be charged on the Consolidated Fund to enable the Council to meet the expenditure of the transferred Departments.

From The New Irish Constitution by Morgan, J. H.

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.

The Corporation also pays 11,000 pounds per annum towards the maintenance of the police force, though in other metropolitan districts this proportion of the expenses is debited to the Consolidated Fund.

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

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

The Bill provides for the establishment of an Irish Exchequer and an Irish Consolidated Fund.

From Home Rule Second Edition by Spender, Harold