What's the difference between exchequer and fund?

Exchequer


Definition:

  • (n.) One of the superior courts of law; -- so called from a checkered cloth, which covers, or formerly covered, the table.
  • (n.) The department of state having charge of the collection and management of the royal revenue. [Eng.] Hence, the treasury; and, colloquially, pecuniary possessions in general; as, the company's exchequer is low.
  • (v. t.) To institute a process against (any one) in the Court of Exchequer.

Example Sentences:

  • (1) The problem is that these revenues have been siphoned off to the London exchequer."
  • (2) Because pension incomes are taxable, and pensioners would have more to spend – generating indirect taxation – and the number of people on social security would be lower, the Exchequer would benefit by between £1.7bn and £3bn.
  • (3) It would make no difference if you were the chancellor of the exchequer handling an existential economic crisis.
  • (4) The exchequer will receive an extra £630m from the £2.5bn-a-year bank levy in 2011-12 and a further £590m by 2015-16.
  • (5) Public borrowing this year is projected to be £111bn, 7% of national income, and interest payments on the national debt will be a drain on the exchequer for years to come.
  • (6) In addition to outlining to ministers the list of parliamentary bills, George Osborne, the chancellor of the exchequer, also gave the cabinet an economic update, while the prime minister and home secretary outlined their determination to cut net migration to the tens of thousands.
  • (7) Whatever has happened to the chancellor of the exchequer?” he asked.
  • (8) In June the chancellor of the exchequer, George Osborne, announced that the 1% cap on pay rises would be extended for another four years at time when wages have begun to rise in real terms in other parts of the economy.
  • (9) Over 70p of every pound spent on tobacco goes to the Chancellor of the Exchequer, yielding over 5 billion pounds.
  • (10) In the Sunday Telegraph, David Cameron said: "What I want is tax revenue from the banks into the exchequer, so we can help rebuild this economy."
  • (11) The chancellor of the exchequer, George Osborne, who unveiled Help to Buy in 2013's budget , welcomed the Bank's moves to cool the housing market.
  • (12) Umunna argued that the sum paid directly in corporation tax to the exchequer is the best reflection of a bank's contribution to the country.
  • (13) "The SNP is selective about when money has flowed into the exchequer.
  • (14) The select committee said it was told by Sir Simon Jenkins "that he could remember very well a certain chancellor of the exchequer, who shall be nameless, inquiring as to what his memoirs might be worth and the answer was: 'A quarter of a million tomorrow, £100,000 next week, £10,000 two months from now.
  • (15) The Office for National Statistics (ONS) said that, excluding the cost of interventions to support the financial sector, public sector net borrowing (PSNB) – the gap between the exchequer's tax take and its spending – stood at £163.4bn for the financial year just ended.
  • (16) "I contribute tens of millions of pounds [to the exchequer].
  • (17) In 2010 the Labour administration introduced a new top rate of 50% on income over £150,000, but the current chancellor of the exchequer, George Osborne, cut the rate to 45% in the 2012 budget.
  • (18) The plan, overseen by the Tory exchequer secretary, David Gauke, has provoked a backlash from privacy campaigners and tax professionals.
  • (19) ACC: I went straight into the civil service, into the exchequer and audit department, and came to London and worked first in Whitehall, at the old Board of Education, and then went to the Post Office, and then the war began and we were evacuated.
  • (20) Writing on the Guardian's website, shadow exchequer minister Owen Smith was sceptical, saying the anti-avoidance measures would be "a toothless tiger".

Fund


Definition:

  • (n.) An aggregation or deposit of resources from which supplies are or may be drawn for carrying on any work, or for maintaining existence.
  • (n.) A stock or capital; a sum of money appropriated as the foundation of some commercial or other operation undertaken with a view to profit; that reserve by means of which expenses and credit are supported; as, the fund of a bank, commercial house, manufacturing corporation, etc.
  • (n.) The stock of a national debt; public securities; evidences (stocks or bonds) of money lent to government, for which interest is paid at prescribed intervals; -- called also public funds.
  • (n.) An invested sum, whose income is devoted to a specific object; as, the fund of an ecclesiastical society; a fund for the maintenance of lectures or poor students; also, money systematically collected to meet the expenses of some permanent object.
  • (n.) A store laid up, from which one may draw at pleasure; a supply; a full provision of resources; as, a fund of wisdom or good sense.
  • (v. t.) To provide and appropriate a fund or permanent revenue for the payment of the interest of; to make permanent provision of resources (as by a pledge of revenue from customs) for discharging the interest of or principal of; as, to fund government notes.
  • (v. t.) To place in a fund, as money.
  • (v. t.) To put into the form of bonds or stocks bearing regular interest; as, to fund the floating debt.

Example Sentences:

  • (1) This may have significant consequences for people’s health.” However, Prof Peter Weissberg, medical director of the British Heart Foundation, which funded the work, said medical journals could no longer be relied on to be unbiased.
  • (2) At the heart of the payday loan profit bonanza is the "continuous payment authority" (CPA) agreement, which allows lenders to access customer bank accounts to retrieve funds.
  • (3) The International Monetary Fund, which has long urged Nigeria to remove the subsidy, supports the move.
  • (4) Neal’s evidence to the committee said Future Fund staff were not subject to the public service bargaining framework, which links any pay rise to productivity increases and caps rises at 1.5%.
  • (5) It comes as the museum is transforming itself in the wake of major cuts in its government funding and looking more towards private-sector funding, a move that has caused some unease about its future direction.
  • (6) The Department for International Development (DfID) defines funding provided under the VUP as "financial aid to government".
  • (7) Last week the WHO said the outbreak had reached a critical point, and announced a $200m (£120m) emergency fund.
  • (8) She was clearly elected on a pledge not to cut school funding and that’s exactly what is happening,” Corbyn said.
  • (9) That’s a criticism echoed by Democrats in the Senate, who issued a report earlier this month criticising Republicans for passing sweeping legislation in July to combat addiction , the Comprehensive Addiction and Recovery Act (Cara), but refusing to fund it.
  • (10) The organisation initially focused on education, funding the Indian company BYJU’s, which helps students learn maths and science, and the Nigerian company Andela, which trains African software developers.
  • (11) Similarly, I would like to see fully funded and resourced public services.
  • (12) It is anomalous that the world is equipped with global funds to finance action on infectious diseases and climate change, but not humanitarian crises.
  • (13) Two years later, Trump tweeted that “Obama’s motto” was: “If I don’t go on taxpayer funded vacations & constantly fundraise then the terrorists win.” The joke, it turns out, is on Trump.
  • (14) For further education, this would be my priority: a substantial increase in funding and an end to tinkering with the form of qualifications and bland repetition of the “parity of esteem” trope.
  • (15) The green fund contributions already announced (which include a $3bn pledge by the US and a $1.5bn pledge by Japan revealed during the G20 summit) “show very clearly that if we want the emerging countries and the more fragile countries to participate in this global growth, we have to ... support them,” Hollande said.
  • (16) Part of his initial lump sum will be donated to a fund to replace a hall destroyed by fire in an arson attack four years ago at St Luke’s Church in Newton Poppleford.
  • (17) #kflead May 21, 2014 The King's Fund IKS (@kingsfund_lib) Hope you enjoyed @GregSearle2012 's #kflead workshop!
  • (18) In 2013 it successfully applied for a Visa Innovation Grant , a fund for development and non-profit organisations seeking to adopt or expand the use of electronic payments to those living below the poverty line.
  • (19) We know that from the rapid take up of crowd funded renewables investors are actively looking for a more secure option.
  • (20) "If necessary we will promote and encourage new laws which require future WHO funding to be provided only if the organisation accepts that all reports must be supported by the preponderance of science."