The Consolidated Fund

a British fund formed by consolidating (in 1787) three public funds (the Aggregate Fund, the General Fund, and the South Sea Fund). In 1816, the larger part of the revenues of Great Britian and Ireland was assigned to what has been known as the Consolidated Fund of the United Kingdom, out of which are paid the interest of the national debt, the salaries of the civil list, etc.

See also: Consolidated

Webster's Revised Unabridged Dictionary, published 1913 by G. & C. Merriam Co.
References in periodicals archive ?
The visiting Malaysian prime minister said the government can use the consolidated fund from the various ministries and agencies to implement the programme that will benefit pupils in government and government-aided primary schools.
Mr Kihara advised Parliament to enact appropriate legal framework to facilitate the requisite withdrawals from the Consolidated Fund in favour of county governments."Parliament holds the constitutional power of the national purse," said Mr Kariuki.
Summary: New Delhi [India], July 17 (ANI): The Lok Sabha on Wednesday passed an appropriation bill that allows withdrawal of Rs 98.18 lakh crore from the Consolidated Fund of India to meet the expenditure of the central government for 2019-20.
Felix Mensah Nii Annan-LA, who is seeking a second term in office is advocating for Presiding and Assembly Members to be treated as Article 71 office holders, where their End of Service Benefits would be charged on the Consolidated Fund and not from Internally Generated Funds (IGF) of the assemblies.
The consolidated fund includes foreign project assistance of Rs27bn, current capital receipts of Rs33.5bn and loans for food (wheat) procurement of Rs237.7bn.
Justice Minister Edward Argar said: "A Police and Crime Commissioner by-election will be run by a statutorily independent Returning Officer and will be funded out of the Consolidated Fund."
The auditor says there was sufficient evidence to show the proceeds of the sovereign bond were received into the Consolidated Fund.
Ipaye who was the Guest Speaker at the 2018 Annual General Meeting and Scientific Conference of the Nigerian Medical Association (NMA), Ogun State branch, explained that the Act provided for one per cent of the Consolidated Fund to meet up with the basic health indices.
Of this, PS842m was then spent on court costs, compensation and other expenses, leaving PS58m to go to the Consolidated Fund.
Finally, on 30 April 2018, the consolidated fund was renamed and trades on the NYSE American Exchange under the ticker symbol "AEF."
Minister of Finance and Economic Development, Mr Kenneth Matambo says no money was approved nor paid from the Consolidated Fund to BCL from 2002 until closure.

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