Treasury

Definition

The name for the center of financial operations within a company. The Treasury is responsible for such things as issuing new securities.

Use Treasury in a sentence

You need to make sure that your treasury department runs well so that you always can rely on them for anything.

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The US Treasury upheld the gold standard for a long time, and they kept all of the gold carefully gaurded at Fort Knox.

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The treasury was solely responsible with handling the vital monetary processes involved in part of our conducting of business operations.

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Federal Financing Bank book-entry security