Treasury

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Treasury

US Department of the Treasury, which issues all Treasury bonds, notes, and bills as well as overseeing agencies. Also, the department within a corporation that oversees its financial operations including the issuance of new shares.

Treasury

1. The department of the federal government responsible for the printing of money, the collection of taxes, the regulation of banks, and the management of public debt. Created in 1789, the Treasury issues Treasury securities, which is debt that the American government uses to pay for some of its functions. It also administers the Internal Revenue Service, which collects taxes and decides how tax laws and regulations are enforced, and the U.S. Mint, which prints and disburses currency. The Treasury Department is responsible for investigating and prosecuting certain financial crimes, such as tax evasion and counterfeiting. It is headed by the Secretary of the Treasury, who is appointed by the President with the consent of the Senate.

2. See: U.S. Treasury Security.

treasury

  1. the department within a firm which is responsible for managing the firm's finances, making arrangements to collect cash speedily from debtors; profitably invest any short-term cash surpluses; and arrange with lenders to cover any short-term cash shortages. In large multidivisional companies the treasury department may also arrange to transfer cash from company divisions earning surpluses to divisions experiencing liquidity problems so as to minimize external borrowings. In MULTINATIONAL ENTERPRISES the treasury department may also transfer funds between countries and convert currencies in order either to minimize the risk of losses or to take advantage of possible windfall gains from EXCHANGE RATE changes.
  2. the Treasury, the UK government department responsible for managing the government's finances, authorizing the expenditure plans of government DEPARTMENTS, and overseeing the tax-gathering work of the INLAND REVENUE and CUSTOMS AND EXCISE. In addition the Treasury advises the Chancellor of the Exchequer on the government's annual Budget. See BUDGET (GOVERNMENT).

Treasury

the UK government department responsible for managing the government's finances, authorizing expenditure plans for various government departments such as Health, Education and Defence, and overseeing the tax-gathering work of the INLAND REVENUE and CUSTOMS AND EXCISE. In addition, the Treasury prepares forecasts of future economic activity levels and advises the CHANCELLOR OF THE EXCHEQUER on the government's annual budget.
References in periodicals archive ?
As the seat of the royal treasury in the colonial capital of Salvador, fiscal officers made remittances to different branches of the royal treasury in Lisbon.
What is surprising about consignments of gold coins sent by the royal treasury in Salvador to the Casa da India, Junta do Tabaco, and Conselho Ultramarino is how narrowly focused they were in terms of subject, and how little importance they hold in the overall remittances from Brazil to Portugal at this time.
Lopez ultimately claimed that he was simply trying to fleece Philip and the Spanish royal treasury, and that he had no intention of harming his royal patient.
The royal treasury had to engage in some creative bookkeeping to come up with half the money Columbus needed, while he gathered the other half of his funding from private, Italian investors.
She may well be right that "[t]he temple functioned alongside a royal treasury, not as the royal treasury" (p.

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