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Treasury

PRIMARY MEANINGS OF: Treasury

1
n
the federal department that collects revenue and administers federal finances; the Treasury Department was created in 1789
2
n
the British cabinet minister responsible for economic strategy
FULL DEFINITIONS OF: Treasury
1

n the federal department that collects revenue and administers federal finances; the Treasury Department was created in 1789

Synonyms:
Department of the Treasury, Treasury Department, United States Treasury
Type of:
executive department
a federal department in the executive branch of the government of the United States

n negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time

Synonyms:
Treasury obligations
Types:
T-bill, Treasury bill
a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
Treasury bond
a debt instrument with maturities of 10 years or longer
Treasury note
securities with maturities of 1 to 10 years; sold for cash or in exchange for maturing issues or at auction
Type of:
government bond
a bond that is an IOU of the United States Treasury; considered the safest security in the investment world
2

n the British cabinet minister responsible for economic strategy

Synonyms:
First Lord of the Treasury
Type of:
cabinet minister
a person who is a member of the cabinet
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