Civil List – The amount of money, a fixed annual payment, provided by Parliament to meet the official expenses of The Queen’s Household; source of funding up until 31 March 2012.

Crown Estate – Land managed on behalf of the Government. It is not the personal property of the Monarch and her Majesty receives no monies from it.

Duchy of Cornwall – Portfolio of land, property and assets held in trust for The Prince of Wales as heir to the throne.

Duchy of Lancaster – Portfolio of land, property and assets held in trust for the Sovereign in his/her role as Sovereign.

Grant-in-Aid – Funds from the Department of Culture, Media and Sport to meet maintenance of the official Royal Residencies cost and Communications and Information, and funds from the Department of Transport to meet Royal travel costs; source of funding up until 31 March 2012.

Keeper of the Privy Purse – Holds overall responsibility for the management of the Sovereign’s financial affairs.

Privy Purse – Private finances and estates of the Sovereign.

Sovereign Grant – Funds from HM Treasury in support of The Queen’s Official duties, including the maintenance of the Occupied Royal Palaces, which consolidates the funding provided prior to 1 April 2012 under the Civil List and Grants-in-Aid.