Overview

Consolidated Fund


Show Summary Details

Quick Reference

The Exchequer account, held at the Bank of England and controlled by the Treasury, into which taxes are paid and from which government expenditure is made. It was formed in 1787 by the consolidation of several government funds.

Subjects: Financial Institutions and Services — Law.


Reference entries

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.