0 the government department, in the UK and some other countries, that is responsible for financial matters such as spending and tax
1 the government department responsible for financial matters such as spending and taxes
2 in the UK, US, and some other countries, the government department responsible for government spending, borrowing, tax, etc.:
She has a new job within the Treasury.
A spokesman for the Treasury said the Chancellor would make an announcement later in the week.
The yearly subsidies from the central treasury (excluding loan and assistance) keep afloat the administrative machinery of the regional governments.
But the reduced risk to the pensioner is matched by an increased risk to the public treasury, which is left with a contingent liability.
He points out that, during the war, the experts of the treasury and the economic section of the cabinet secretariat wondered likewise.
More speci®cally, the crisis of the oligarchy coincided with the breakup of the model of collaboration between the royal and municipal treasuries.
Almost two-thirds of all retirees have annuitized and annuitization mitigates some of the longevity and investment risks faced by pensioners and public treasury.
