Consolidated Fund

Consolidated Fund
a British national fund created to pay grants to the royal family, interest on public debt, etc., by consolidating various public securities. Cf. consols.

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Universalium. 2010.

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  • Consolidated Fund — or the Consolidated Revenue Fund is the term used for the main bank account of the government in many of the countries in the Commonwealth of Nations. Contents 1 Establishment 1.1 Earlier funds 1.2 Ireland s Consolidated Fund …   Wikipedia

  • consolidated fund — a government maintained account with the Bank of England to receive the public income of the state and to meet annual public expenditure. It pays the interest on the national debt. Collins dictionary of law. W. J. Stewart. 2001 …   Law dictionary

  • Consolidated Fund — a British national fund created to pay grants to the royal family, interest on public debt, etc., by consolidating various public securities. Cf. consols. * * * consolidated fund noun A fund made up by uniting the yield of various taxes, etc to… …   Useful english dictionary

  • Consolidated Fund Act — A Consolidated Fund Act is an Act of the Parliament of the United Kingdom passed to allow, like an Appropriation Act, the Treasury to issue funds out of the Consolidated Fund.[1] The typical structure of such an Act begins with the long title,… …   Wikipedia

  • consolidated fund — /kɒnˌsɒlədeɪtəd ˈfʌnd/ (say kon.soluhdaytuhd fund) noun British a fund made up by consolidating the yield of various taxes and other sources of public revenue, from which are paid the interest on the national debt, grants to the royal family, etc …  

  • The Consolidated Fund — Consolidated Con*sol i*da ted, p. p. & a. 1. Made solid, hard, or compact; united; joined; solidified. [1913 Webster] The Aggregate Fund . . . consisted of a great variety of taxes and surpluses of taxes and duties which were [in 1715]… …   The Collaborative International Dictionary of English

  • Consolidated Fund — The Exchequer account, held at the Bank of England and controlled by the Treasury, into which taxes are paid and from which government expenditure is made. It was formed in 1787 by the consolidation of several government funds …   Big dictionary of business and management

  • consolidated fund — /kən sɒlɪdeɪtɪd fʌnd/ noun money in the Exchequer which comes from tax revenues and is used to pay for government expenditure …   Dictionary of banking and finance

  • consolidated fund — The combined revenue of Great Britain and Ireland …   Ballentine's law dictionary

  • Scottish Consolidated Fund — The PAGENAME is the main fund operated by the Scottish Parliament. It receives a grant from the UK Parliament s consolidated fund, plus the operational receipts of the Scottish Government. The fund operates under the Scotland Act 1998.External… …   Wikipedia

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