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Treasury

Black's Law Dictionary · Henry Campbell Black, M.A. · 1910

Black's Law Dictionary

A place or building In which stores of wealth are reposited; particularly, a place where the public revenues are deposited and kept, and where money is disbursed to defray the expenses of government Webster. That department of government which is charged with the receipt, custody, and disbursement (pursuant to appropriations) of the public revenues or funds.

Treasury bench. In the English house of commons, the first row of seats on the right hand of the speaker is so called, because occupied by the first lord of the treasury or principal minister of the croWn. Brown.

Treasury chest fund. A fund, in England, originating in the unusual balances of certain granis of public money, and which is used for banking and loan purposes by the commissioners of the treasury. Its amount was limited by St. 24 & 25 Vict. c. 127, and has been further reduced to one million pounds, the residue being transferred to the consolidated fund, by St. 36 & 37 Vict c. 56. Wharton.

Treasury note. A note or bill issued by the treasury department by the authority of the United States government, and circulating as money. See Brown v. State, 120 Ala. 342, 25 South. 182.