treasury
Noun: 1. A place where valuable items or money are stored: A secure room, building, or institution where wealth, precious objects, or funds are kept. 2. A government department responsible for managing a nation's finances: The department in charge of revenue collection, economic policy, government spending, and monetary management. 3. (Often capitalized: Treasury) The specific government department in the UK or US: * In the UK: The government department headed by the Chancellor of the Exchequer, responsible for economic and financial matters. * In the US: The Department of the Treasury, responsible for federal finances, currency production, and tax collection. 4. A collection or source of valuable things: A place, book, or person regarded as a rich store of information, knowledge, or useful items. 5. The funds or financial resources of a government, institution, or individual.
- As a secure storage place:
- The ancient king's gold was stored in the palace treasury.
- The museum's treasury holds its most priceless artifacts.
- Referring to a government department:
- The Treasury issued new guidelines for economic stimulus. (Referring to the US Department of the Treasury)
- The Chancellor of the Exchequer is the head of the UK Treasury.
- As a source or collection:
- This old diary is a treasury of local history.
- Her grandmother's recipes are a treasury of culinary wisdom.
- Referring to funds:
- The war drained the national treasury.
- The charity's treasury is managed by a board of trustees.
- Treasury securities/bills/bonds (T-bills, T-bonds): These are negotiable debt obligations issued by the U.S. Department of the Treasury to finance government spending. They are considered very low-risk investments.
- Investors often buy Treasury bonds as a safe part of their portfolio.
- Treasury Bench: In the UK Parliament, the front bench occupied by government ministers, especially those from the Treasury.
- First Lord of the Treasury: A historical title in the UK, now held by the Prime Minister.
- Treasurer (noun): An officer who is responsible for the funds and finances of a club, company, or other organization.
- She was elected treasurer of the student council.
- Treasurership (noun): The office or position of a treasurer.
- Treasurize (verb, rare/archaic): To hoard or store up as treasure.
- Exchequer: Often used synonymously with the government treasury, especially in a UK context.
- Coffers: The financial resources or funds of an institution.
- Repository: A place where things are stored, often for safekeeping.
- Storehouse: A building for storing goods; can be used figuratively like "treasury" (a storehouse of knowledge).
- Fisc: The public treasury or revenue of a state.
- To empty/raid the treasury: To spend or use up all available funds.
- The expensive public works project threatened to empty the treasury.
- A treasury of...: A common phrase used to describe something containing a rich collection.
- The book is a treasury of folk tales from around the world.
- a depository (a room or building) where wealth and precious objects can be kept safely
- the federal department that collects revenue and administers federal finances; the Treasury Department was created in 1789
- the British cabinet minister responsible for economic strategy
- negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time
- the government department responsible for collecting and managing and spending public revenues
- the funds of a government or institution or individual