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Meaning of consolidated fund | Babel Free

Noun CEFR B2

Definitions

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

CEFR level

B2

Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.

See also

Consolidated Fund Act Consolidates Consolidating Consolidation consolidationism consolidationist