Public funds
noun ·Uncommon ·Advanced level
Definitions
- 1 Financial resources of a government, which may be spent on certain specified purposes. plural, plural-only
"If they propose to make payments out of public funds, I want to warn the Minister that if he does not come back with a Parliamentary majority of his own party, he will be charged with the moneys he will be paying in the meantime without Parliamentary authority."
- 2 Money lent to government for which interest is paid of a stated amount at a stated time. plural, plural-only
"Some preliminary legal arrangements were made, but the scheme proceeded no further, as the various local authorities concerned were unwilling to speculate public funds on what was, even at that date, a will o' the wisp."
Synonyms
All synonymsExample
More examples"If they propose to make payments out of public funds, I want to warn the Minister that if he does not come back with a Parliamentary majority of his own party, he will be charged with the moneys he will be paying in the meantime without Parliamentary authority."