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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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).
Collins Dictionary of Business, 3rd ed. © 2002, 2005 C Pass, B Lowes, A Pendleton, L Chadwick, D O’Reilly and M Afferson

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.
Collins Dictionary of Economics, 4th ed. © C. Pass, B. Lowes, L. Davies 2005
References in periodicals archive ?
Conversely, when chaos brought the Fatimid government to its knees in the late 1060s and early 1070s and it was forced to trade precious objects from the royal treasury for salaries it could no longer pay in cash, the local market became saturated.
It consisted of the payment of a certain amount to the Royal Treasury. This tax, called media annata, was intended to tax the different towns of Castile based on their capacity to hold fairs or to renovate them during the second half of the eighteenth century [Ripia and Gallard, 1795, V, pp.
A large part of institutional bullion consignments were payments to the royal treasury. 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.
Slatta is persuasive in showing that, after the sixteenth century, Spain adopted a defensive frontier policy with as little cost to the royal treasury as possible.
There is nothing about the reformers denunciation of the shrines as idolatrous and sometimes fraudulent attempts to extract money from innocent worshipers, and almost nothing about the work of Henry VIII's agents, especially Richard Layton, in actually closing the shrines and transporting their goods (in the case of Canterbury, many cartloads) to the royal treasury. A long and detailed bibliography provides a very useful listing of scholarly articles and other studies of the several shrines but does not include the recently-published general histories of such cathedrals as Canterbury, York, Norwich, Lincoln, Wells, and Rochester or this reviewer's study, The Reformation of Cathedrals (Princeton: Princeton University Press, 1988).
Indeed, here was a man who had access to the coffers of the royal treasury, and whose largess extended to members of the Royal Audiencia, to the Captains General and even, perhaps, to a member of the Council of the Indies.
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.
Augustine presidio, were supported by the situado, a subvention from the royal treasury in Mexico City, and the labor of Christian Indians, organized and delivered by their Hispanicised chiefs.
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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