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TeachMeFinance.com - explain General Fund Of The Treasury General Fund Of The Treasury The term 'General Fund Of The Treasury ' as it applies to the area of Medicare in the United States can be defined as ' Funds held by the Treasury of the United States, other than revenue collected for a specific trust fund (such as SMI) and maintained in a separate account for that purpose. The majority of this fund is derived from individual and business income taxes'. Previous 5 Terms: General Agreement on Tariffs and Trade (GATT) General Circulation General Circulation Model (GCM) General Circulation Models General Enrollment Period (Gep) Next 5 Terms: General Revenue General Sales Manager (GSM) General Wind generalize Generalized System of Preferences (GSP) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.