privy purse

American  

noun

British.

1. a sum from the public revenues allotted to the sovereign for personal expenses.

2. a member of the royal household in charge of paying these expenses.

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privy purse British  

noun

1. 1. (in Britain) an allowance voted by Parliament for the private expenses of the monarch: part of the civil list

   2. (in other countries) a similar sum of money for the monarch

2. Full name: Keeper of the Privy Purse.  an official of the royal household responsible for dealing with the monarch's private expenses

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Etymology

Origin of privy purse

First recorded in 1655–65

Example Sentences

The Royal Trustees overseeing the grant are the prime minister, chancellor and the keeper of the privy purse, who looks after the monarch's finances.

From BBC • May 10, 2025

But a spokeswoman for the duchy says that none of the unclaimed money following a death goes to the private income known as the "privy purse".

From BBC • Nov. 24, 2023

Behind them, members of the queen’s household, including her private secretary and keeper of the privy purse, walked in a final gesture of service.

From New York Times • Sep. 14, 2022

It was rumored that a cut in King George's privy purse allowance, which has remained at some $550,000 per year since 1910, was being considered.*

From Time Magazine Archive

Her treasury was well filled, for she levied taxes in the Duke's name, and they flowed into her privy purse: gold heavy with the curses of a people.

From A German Pompadour Being the Extraordinary History of Wilhelmine van Grävenitz, Landhofmeisterin of Wirtemberg by Hay, Marie, Hon. (Agnes Blanche Marie)