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 ?
government debt and the trade deficit continue to mount, and Asian investors become less interested in buyiug Treasurys, the stage is being set for a "truly massive devaluation of the dollar." "The view here [in Hong Kong] is that the U.S.
An important clue was offered by Treasury Secretary John W.
Tenders are invited for TREASURY MANAGEMENT SERVICES
The State Of Oregon, Acting By And Through The Oregon State Treasury ( treasury ), Is Issuing This Request For Proposal ( rfp ) For An Oregon Qualified Public Funds Depository (See Section 2.1.1) That Meets The Requirements Of This Rfp To Provide Certain Treasury Management Services, Initially To Include Ach Origination & Receiving Services, Intra- And Interaccount Transfer Services, Domestic Wire Services, And Remote Deposit Capture Services.
Provide a print-to-mail hot site facility for use by Treasury to print and mail Commonwealth checks after Treasurys declaration of a disaster/business interruption and periodically for testing purposes.
I will focus on Treasury securities transaction data collected by the Financial Industry Regulatory Authority (FINRA) through its Trade Reporting and Compliance Engine (TRACE) from FINRAs member broker-dealers.
After last years event, Treasury undertook extensive outreach to market participants that resulted in highly productive and informative conversations, and I want to personally thank many of you and your institutions for your participation in that effort.
Survey results are separated into five main categories: The Financial Crisis, Bank Relationship Management, Bank Fee Management, Treasury Technology and Treasury Staffing.
Overall, treasury practitioners are optimistic about the economy, job security, annual compensation and the strategic value of their treasury department.
This liquidity both facilitates the implementation of monetary policy through open market operations and allows the Treasury to issue federal debt at the lowest possible cost to the taxpayers.
The Treasury's proposed legislation would do just that and would designate the Treasury itself as the federal agency in charge, with quite broad powers in this area.
Often, treasury sets up an independent process to identify FX risks across the company by regularly polling the various business units.