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Treasury Department

Treasury Department

45 3.6
A U.S. government department that manages national money, collects taxes, and makes coins and bills
  • noun
  • /ˈtrɛʒəri dɪˈpɑrtmənt/
  • Formal
translation icon : Departamento del Tesoro (EE. UU.)
  • Questions regarding national budget concerns should be directed to the Treasury Department.
  • U.S. Treasury Department
  • Treasury Department license
  • Treasury Department discretion

There's there's the Treasury Department's FinCEN agency, there's the Office of Foreign Asset Controls, OFAC.

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Examples

  • The U.S. Treasury Department oversees the collection of taxes and the printing of money.

  • Oil and gas companies paid $6.8 million in RFS penalties to the Treasury Department last year.

    Blog text (27)
  • I would like to make a deal with the United States Treasury Department.

  • A report will be issued by the Treasury Department; it has come out every year.

    Blog text (2)
  • Your Treasury Department lost $28 million.

  • Increasingly active and important roles are being performed by the Justice Department, the Treasury Department, and the intelligence agencies.

    Academic text (1992)
  • Applications submitted before 2012 would have to be vetted by the Treasury Department before approval.

    Blog text (23)
  • Paul Volcker served in the Treasury Department and was chairman of the Federal Reserve from 1979 to 1987.

  • Further, the Treasury Department's Exempt Organizations Handbook has interpreted this language.

    Academic text (2016)
  • Every year, the Treasury Department releases a report on the nation's economic health.

Synonyms

Treasury
vsTreasury Department
  • Formal
286 4.3

A United States government department that collects taxes and manages the country's money

is the same institution but this form is a shorter informal reference
Department of the Treasury
vsTreasury Department
  • Formal
1 3.9

A U.S. government office that collects taxes and manages the country's money

has identical meaning but uses a different word order in the name
United States Treasury
vsTreasury Department
  • Formal
1 3.7

A government department that collects taxes and manages the country's money

means the same but prefers a slightly more formal official name

Surface Forms

Morphology

Treasury + department

The phrase is a straightforward composition of 'Treasury' (a government body overseeing finance/revenue) and 'department' (an organizational unit), so its meaning— the government department responsible for national finances—is directly derivable from the parts. This naming pattern (department/ministry of treasury/finance) is common across languages, making it immediately comprehensible to a B1 learner who knows both constituents.

Etymology

Treasury Department comes from the simple picture of a place that keeps a country's money safe: treasury meant a store for treasure and department is a part of the government that looks after it, so the name now means the government office that 'manages the nation's money'.