| 释义 |
consolidated fund
Consolidated Fund n (Economics) Brit a fund into which tax revenue is paid in order to meet standing charges, esp interest payments on the national debt Translationsconsolidated fund
consolidated fund a government-maintained account with the Bank ofEngland to receive the public income of the state and to meet annual public expenditure. It pays the interest on the national debt.consolidated fund
consolidated fund the UK government's account at the BANK OF ENGLAND into which it pays its TAXATION and other receipts, and which it uses to make payments. |