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public treasury

 

Definitions from WordNet

Noun public treasury has 1 sense
  1. public treasury, trough, till - a treasury for government funds
    --1 is a kind of treasury, exchequer

Definitions from the Web

Public Treasury

Description:

The Public Treasury refers to a financial entity that manages and controls the funds and resources owned by a government or public institution. It serves as the central repository for collecting, safeguarding, and disbursing public revenues, including taxes, fees, fines, and other monetary assets.

Senses and Usages:

1. Government Financial Institution:

In this sense, the public treasury denotes the governmental entity responsible for managing and overseeing public funds, ensuring their efficient utilization and enforcing financial regulations. It plays a vital role in budgetary planning, revenue forecasting, and maintaining fiscal stability.

Example sentence: The Ministry of Finance oversees the operations of the public treasury, ensuring transparency and accountability in managing taxpayer money.

2. Public Funds:

This sense refers to the collective monetary resources held by the public treasury, which primarily consist of taxes and revenues collected from individuals and organizations. These funds are allocated for public expenditure, such as infrastructure development, healthcare, education, and social welfare.

Example sentence: The government allocated a significant portion of the public treasury towards improving the country's transportation infrastructure.

3. Treasury Bonds:

Public treasuries may also issue treasury bonds, which are fixed-income securities designed to raise capital for government projects or meet financial obligations. These bonds are typically backed by the full faith and credit of the government.

Example sentence: Investors seeking low-risk investments often consider purchasing treasury bonds issued by the public treasury.

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