treasury
noun
, ˈtrā-\
Definition of treasury
2 Treasury
Examples of treasury in a Sentence
Recent Examples on the Web
Among the 21 were eight former Cabinet ministers, two former treasury secretaries and the grandson of Winston Churchill. — Rob Picheta, Ivana Kottasová And Nina Dos Santos, CNN, "Boris Johnson fails in high stakes attempt to call snap general election," 4 Sep. 2019 Whereas Barack Obama’s administration had resisted further reforms, particularly those that could affect America’s technology companies, Steven Mnuchin, Mr Trump’s treasury secretary, was much more open to them. — The Economist, "France is giving unilateralism a go," 22 Aug. 2019 Although that's largely what the treasury secretary does. — CBS News, "Transcript: Michael Allen talks with Michael Morell on "Intelligence Matters"," 7 Aug. 2019 If Rosselló’s choice for a secretary of state is not approved by the island’s House and Senate, Puerto Rico’s law dictates the treasury secretary would be next in line if the justice secretary doesn’t become governor. — Dánica Coto, BostonGlobe.com, "Woman set to replace Puerto Rico’s governor doesn’t want job," 28 July 2019 If Rosselló's choice for a secretary of state is not approved by the island’s House and Senate, Puerto Rico’s law dictates the treasury secretary would be next in line if the justice secretary doesn’t become governor. — chicagotribune.com, "Woman next in line to be Puerto Rico governor doesn’t want the job," 28 July 2019 The negotiation between Pelosi and Mnuchin could represent a new blueprint for Washington budget talks, as the treasury secretary brought a more pragmatic approach to the discussions than some other officials had wanted. — Author: Erica Werner, Damian Paletta, Anchorage Daily News, "House passes two-year budget deal to lift spending, suspend debt ceiling," 25 July 2019 And this week, the president and his treasury secretary went out of their way to raise questions about Libra, a new cryptocurrency promoted as a way to bring payments to the Facebook platform. — Noam Cohen, WIRED, "The Truth About Trump’s Love-Hate Relationship With Big Tech," 18 July 2019 Party insiders expect the field to be culled even further in the coming weeks as poor polling and barren campaign treasuries force more candidates to assess their reasons for continuing to run. — Jonathan Allen, NBC News, "Seth Moulton ends presidential campaign," 23 Aug. 2019These example sentences are selected automatically from various online news sources to reflect current usage of the word 'treasury.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.
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More Definitions for treasury
treasury
nounFinancial Definition of treasury
What It Is
Treasuries (sometimes spelled "treasurys") refer to all the tradable and negotiable debt obligations issued by a country's government. Broadly speaking, when an investor is referring to "Treasuries," he or she is referring to U.S. Treasuries.
How It Works
U.S. Treasuries can be divided into three main categories: Treasury bills (T-bills), Treasury notes (T-notes) and Treasury bonds (T-bonds) which are designated according to their lengths of maturity.
Treasury bills are short-term, zero-coupon bonds that are issued in maturities with lengths of 4, 13 or 26 weeks. Treasury notes are intermediate-term bonds issued by a federal government with maturities of 2, 3, 5 or 10 years. Treasury bonds are long-term, semi-annual coupon bonds issued by a federal government. Their maturities range from 10 to 30 years.
U.S. Treasuries are considered the safest investments in the world because the U.S. government has never defaulted on any debt it has issued. For this reason, Treasuries serve as a benchmark for the risk-free rate of return when determining the amount of expected risk for other types of assets.
Why It Matters
Treasuries are savings vehicles for governments, corporations, banks and individuals around the world. They are also an important instrument in monetary policy, because the sale and repurchase of them allows central banks to control the money supply and thus make adjustments to a nation's economy.
Treasuries are some of the world's safest investments, and therefore, have lower yields than more risky investments. They are appropriate for the most risk-averse investors who are mainly interested in preserving capital or having a steady stream of income. The rating of a nation's treasuries by credit rating agencies is an essential indicator of the financial stability of that nation.
Source: Investing Answers
treasury
noun
English Language Learners Definition of treasury
See the full definition for treasury in the English Language Learners Dictionary
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Kids Definition of treasury
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treasury
noun
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Legal Definition of treasury
2 capitalized
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