Consolidated Fund

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.

Read more about Consolidated Fund:  Establishment, Payments Into The Fund, Devolved Government

Famous quotes containing the words consolidated and/or fund:

    Prestige is the shadow of money and power. Where these are, there it is. Like the national market for soap or automobiles and the enlarged arena of federal power, the national cash-in area for prestige has grown, slowly being consolidated into a truly national system.
    C. Wright Mills (1916–1962)

    I am advised that there is an unexpended balance of about $45,000 of the fund appropriated for the relief of the sufferers by flood upon the Mississippi River and its tributaries, and I recommend that authority be given to use this fund to meet the most urgent necessities of the poorer people in Oklahoma.
    Benjamin Harrison (1833–1901)