The Consolidated Fund
(gcide) | Consolidated \Con*sol"i*da`ted\, p. p. & a.
1. Made solid, hard, or compact; united; joined; solidified.
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The Aggregate Fund . . . consisted of a great
variety of taxes and surpluses of taxes and duties
which were [in 1715] consolidated. --Rees.
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A mass of partially consolidated mud. --Tyndall.
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2. (Bot.) Having a small surface in proportion to bulk, as in
the cactus.
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Consolidated plants are evidently adapted and
designed for very dry regions; in such only they are
found. --Gray.
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The Consolidated Fund, a British fund formed by
consolidating (in 1787) three public funds (the Aggregate
Fund, the General Fund, and the South Sea Fund). In 1816,
the larger part of the revenues of Great Britian and
Ireland was assigned to what has been known as the
Consolidated Fund of the United Kingdom, out of which are
paid the interest of the national debt, the salaries of
the civil list, etc.
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