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Definition of the privy purse noun from the Oxford Advanced Learner's Dictionary

the privy purse

noun
 
/ðə ˌprɪvi ˈpɜːs/
 
/ðə ˌprɪvi ˈpɜːrs/
[singular]
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  1. (in the UK) an amount of money that the government gives to the king or queen to pay their private expenses plus some official expenses
    CultureThe money comes mainly from the income of the the Duchy of Lancaster. The privy purse is separate from the Civil List, which pays for other official expenses of the whole royal family.
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