Treasury

That fiscal department of the government which controls the payments of the public money in accordance with the votes of the legislature.

An office created in Great Britain in 1SG9 by a treasury minute. The title had existed before. The duties are to settle all departmental bills and draw such other government bills (except Scotch and Irish) as may be required; prepare memoranda of existing laws; advise on amendments to bills passing through parliament,

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.

An establishment, office, or place for the safe keeping of moneys. And the word is often used metaphorically for the supply of money at command for an enterprise or association, without meaning to import that there is any distinct place for keeping them; thus, one might say of a corporation that there were ample funds in its treasury, meaning under its control, though perhaps kept in an ordinary bank account. As a branch of the United States government, the department of the treasury under the general charge of the secretary of the treasury has the collection, custody, and disbursement of the national revenues. Under the British government, the lords commissioners of the treasury form the department of state under whose control the royal revenue is administered.

The place where treasure is kept; the office of a treasurer. The term is more usually applied to the public than to a private treasury. Vide Department of the Treasury of the United States.