consolidated fund

noun

In the Westminster system, the main bank account of the government, funded by general taxation and not earmarked for a specific purpose.

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Meanings

nounconsolidated fund (plural consolidated funds)

plural consolidated funds

  1. governmentIn the Westminster system, the main bank account of the government, funded by general taxation and not earmarked for a specific purpose.

Origin

From consolidated + fund.

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Cite this entry
APA

consolidated fund. (n.d.). In WatkinsX Dictionary. Retrieved November 2, 2026, from https://dictionary.watkinsx.com/word/consolidated%20fund

MLA

“consolidated fund.” WatkinsX Dictionary, https://dictionary.watkinsx.com/word/consolidated%20fund. Accessed November 2, 2026.

Chicago

WatkinsX Dictionary, s.v. “consolidated fund,” accessed November 2, 2026, https://dictionary.watkinsx.com/word/consolidated%20fund.

Source: consolidated fund on Wiktionary, CC BY-SA 4.0.