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Treasury



 
 
Not to be confused with The Treasury
The Treasury (disambiguation)

The Treasury can refer to*Al Khazneh, the famous building at Petra known in English as the treasury*A retailer named The Treasury *The New Zealand Treasury...
A treasury is any place where the currency or items of high monetary value (Rubies, Diamond
Diamond

In mineralogy, diamond is the Allotropes of carbon where the carbon atoms are arranged in an isometric-hexoctahedral crystal lattice. After graphite, diamond is the second most stable form of carbon....
s, etc.) are kept. The term was first used in Classical
Classical antiquity

Classical antiquity is a broad term for a long period of cultural history centered on the Mediterranean Sea, comprising the interlocking civilizations of Ancient Greece and Ancient Rome....
 times to describe the votive buildings erected to house gifts to the gods
Sacrifice

Sacrifice is commonly known as the practice of offering food, objects , or the lives of animals or people to the deity as an act of propitiation or worship....
, such as the Siphnian Treasury
Siphnian Treasury

The Siphnian Treasury was a dedication building to the Ancient Greece polis, or city-state, of Delphi while the Pythia was still popular and in use....
 in Delphi
Delphi

Delphi is an archaeology site and a modern town in Greece on the south-western spur of Mount Parnassus in the valley of Phocis. Delphi was the site of the Pythia, the most important oracle in the classical Greek world, when it was a major site for the worship of the god Apollo after he slew the Python , a deity who lived there and protecte...
 or many similar buildings erected in Olympia, Greece
Olympia, Greece

Olympia , a sanctuary of ancient Greece in Elis, is known for having been the site of the Olympic Games in classical times, comparable in importance to the Pythian Games held in Delphi....
 by competing city-states to impress others during the ancient Olympic Games
Ancient Olympic Games

The Ancient Olympic Games, originally referred to as simply the Olympic Games were a series of athletic competitions held for representatives of various city-states of Ancient Greece....
.

The head of a Treasury is typically known as a Treasurer
Treasurer

In many governments, a treasurer is the person responsible for running the treasury. Treasurers are also employed by organizations such as clubs to look after funds....
.






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Not to be confused with The Treasury
The Treasury (disambiguation)

The Treasury can refer to*Al Khazneh, the famous building at Petra known in English as the treasury*A retailer named The Treasury *The New Zealand Treasury...
A treasury is any place where the currency or items of high monetary value (Rubies, Diamond
Diamond

In mineralogy, diamond is the Allotropes of carbon where the carbon atoms are arranged in an isometric-hexoctahedral crystal lattice. After graphite, diamond is the second most stable form of carbon....
s, etc.) are kept. The term was first used in Classical
Classical antiquity

Classical antiquity is a broad term for a long period of cultural history centered on the Mediterranean Sea, comprising the interlocking civilizations of Ancient Greece and Ancient Rome....
 times to describe the votive buildings erected to house gifts to the gods
Sacrifice

Sacrifice is commonly known as the practice of offering food, objects , or the lives of animals or people to the deity as an act of propitiation or worship....
, such as the Siphnian Treasury
Siphnian Treasury

The Siphnian Treasury was a dedication building to the Ancient Greece polis, or city-state, of Delphi while the Pythia was still popular and in use....
 in Delphi
Delphi

Delphi is an archaeology site and a modern town in Greece on the south-western spur of Mount Parnassus in the valley of Phocis. Delphi was the site of the Pythia, the most important oracle in the classical Greek world, when it was a major site for the worship of the god Apollo after he slew the Python , a deity who lived there and protecte...
 or many similar buildings erected in Olympia, Greece
Olympia, Greece

Olympia , a sanctuary of ancient Greece in Elis, is known for having been the site of the Olympic Games in classical times, comparable in importance to the Pythian Games held in Delphi....
 by competing city-states to impress others during the ancient Olympic Games
Ancient Olympic Games

The Ancient Olympic Games, originally referred to as simply the Olympic Games were a series of athletic competitions held for representatives of various city-states of Ancient Greece....
.

The head of a Treasury is typically known as a Treasurer
Treasurer

In many governments, a treasurer is the person responsible for running the treasury. Treasurers are also employed by organizations such as clubs to look after funds....
. This position may not necessarily have the final control over the actions of the Treasury particularly if they are not an elected representative.

Examples of treasuries


Treasury

In the United Kingdom
United Kingdom

The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom , the UK or Britain,is a sovereign state located off the northwestern coast of continental Europe....
, Her Majesty's Treasury is overseen by the Chancellor of the Exchequer
Chancellor of the Exchequer

The Chancellor of the Exchequer is the title held by the British Cabinet of the United Kingdom Minister who is responsible for all economic and financial matters....
. The traditional honorary title of First Lord of the Treasury
First Lord of the Treasury

The First Lord of the Treasury is the head of the Government agency exercising the ancient office of Lord High Treasurer in the United Kingdom, and is usually?but not always?also the Prime Minister of the United Kingdom....
 is held by the Prime Minister
Prime minister

A prime minister is the most senior minister of Cabinet in the Executive branch of government in a parliamentary system. The position is usually held by, but need not always be held by, a politician....
. Her Majesty's Revenue and Customs
Her Majesty's Revenue and Customs

His/Her Majesty's Revenue and Customs is a non-ministerial government department Departments of the United Kingdom Government of the Her Majesty's Government primarily responsible for the collection of taxes, the payment of some forms of state support, and the detection and prevention of smuggling....
 administers the taxation system.

In the United States
United States

The United States of America is a Federal government constitutional republic comprising U.S. state and a federal district. The country is situated mostly in central North America, where its Contiguous United States and Washington, D.C., the Capital districts and territories, lie between the Pacific Ocean and Atlantic Oceans, Borders of the U...
, the Treasurer
Treasurer of the United States

The Treasurer of the United States is the only position within the United States Department of the Treasury older than the Department itself. It should not be confused with the far more powerful United States Cabinet level position of Secretary of the Treasury....
 reports to an executive-appointed Secretary of the Treasury
United States Secretary of the Treasury

The United States Secretary of the Treasury is the head of the United States Department of the Treasury, concerned with finance and monetary matters, and, until 2003, some issues of national security and defense....
. The IRS is the revenue agency of the US Department of Treasury
United States Department of the Treasury

The Department of the Treasury is an United States federal executive departments and the treasury of the United States Federal government of the United States....
.

Ministry of Finance

In many other countries, the treasury is called the Ministry of Finance and the head is known as the Finance Minister. Examples include New Zealand
New Zealand

New Zealand is an island country in the south-western Pacific Ocean comprising two main landmasses , and numerous Islands of New Zealand, most notably Stewart Island/Rakiura and the Chatham Islands....
, Canada
Canada

Canada is a country occupying most of northern North America, extending from the Atlantic Ocean in the east to the Pacific Ocean in the west and northward into the Arctic Ocean....
, Malaysia
Malaysia

Malaysia is a federation that consists of States of Malaysia in Southeast Asia with a total landmass of . The capital city is Kuala Lumpur, while Putrajaya is the seat of the federal government....
, Singapore
Singapore

Singapore , officially the Republic of Singapore, is an island country microstate located at the southern tip of the Malay Peninsula. It lies 137 kilometres north of the equator, south of the Malaysian state of Johor and north of Indonesia's Riau Islands....
, India
India

India, officially the Republic of India , is a country in South Asia. It is the List of countries and outlying territories by total area country by geographical area, the List of countries by population country, and the most populous liberal democracy in the world....
 and Japan
Japan

Japan is an island country in East Asia. Located in the Pacific Ocean, it lies to the east of the Sea of Japan, People's Republic of China, North Korea, South Korea and Russia, stretching from the Sea of Okhotsk in the north to the East China Sea and Taiwan in the south....
.

Both

In Australia
Australia

Australia, officially the Commonwealth of Australia, is a country in the southern hemisphere comprising the Australia of the world's smallest continent, the major island of Tasmania, and numerous list of islands of Australia in the Indian Ocean and Pacific Oceans....
 a Treasurer and a Finance Minister co-exist. The Treasurer is responsible for drafting the government budget and coordinating government expenditure. The Finance Minister is responsible for government policy guidelines for commonwealth
Commonwealth

The England noun commonwealth dates from the fifteenth century. The original phrase "common-wealth" or "the common weal" comes from the old meaning of "wealth," which is "well-being." The term literally meant "common well-being." Thus commonwealth originally meant a state or nation-state governed for the common good as opposed to an autho...
, statutory authorities, and superannuation policies. The government of Poland
Poland

Poland , officially the Republic of Poland , is a country in Central Europe. Poland is bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian Enclave and exclave, to the north....
 includes the Ministry of Finance as well as the Ministry of State Treasury.

See also

  • Mint
    Mint (coin)

    A mint is an industrial facility which manufacturing coins for currency.The history of mints correlates closely with the history of coins. One difference is that the history of the mint is normally related in a fashion that more closely ties to the political situation of an era....
  • Finance Minister
    Finance minister

    The finance minister is a Cabinet position in a government.A minister of finance has many different jobs in a government. He or she helps form the government budget, Fiscal policy, and control finances....
  • New Zealand Treasury
    New Zealand Treasury

    The New Zealand Treasury is a State sector organisations in New Zealand and the Government?s lead advisor on economic and financial policy. Its role is to help the Government improve economic performance and manage scarce resources....
  • Treasury management
    Treasury management

    Treasury management includes management of an enterprise' holdings in and Trader in government and corporate bonds, currencies, financial futures, Option and derivatives, payment systems and the associated financial risk management....


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