public account betydelse and definition

Betydelse av public account på svenska

• 0 a bank account in which a government department or other government organization keeps its money:

  • Parliamentary authorisation for payments from the Public Account is not required.

• 1 the set of official records that show the financial situation of government departments and what they have spent, received, borrowed, etc. in a particular period:

  • At the end of the year, the objective of the government centred on balancing the public accounts, putting off growth.