Treasury: meaning, definitions and examples

The term 'treasury' is often used to describe a department or place where the government’s money and valuables are kept. It can also refer to a country’s reserves or a financial department in a company that manages funds.

• The national treasury reported an increase in reserves.
• He works in the corporate treasury, managing investments.

Refers to a government department responsible for managing the economic policy, government finances, and budget. It’s a term used in many countries around the world.

• The Finance Ministry unveiled a new economic stimulus plan.
• She got a job at the Finance Ministry after graduation.

This word is predominantly used in the UK to refer to the government department responsible for managing public revenue and expenditure. It's historical and can sound old-fashioned in modern contexts.

• The Chancellor of the Exchequer will announce the new budget tomorrow.
• Funds were allocated from the Exchequer to rebuild the bridge.

This term is used to describe a specific part of a government or organization that is concerned with financial matters and budgeting. It is less specific than 'treasury' or 'finance ministry'.

• The fiscal department released their annual financial report.
• A proposal was submitted to the fiscal department for approval.