what is privy purce
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The Privy Purse is the British Sovereign's private income, mostly from the Duchy of Lancaster. This amounted to £20.1 million in net income for the year to 31 March 2018. The Duchy is a landed estate of approximately 46,000 acres held in trust for the Sovereign since 1399. It also has 190 miles of foreshore.
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Explanation:
(in the UK) taxed funds provided by the Duchy of Lancaster to meet some official expenditure incurred by the monarch, plus his or her private expenses.
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