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First visit

Treasury

Level

Associate

A simple way to understand the word 'treasury' is like a big box where money is kept, especially the money that a government collects from taxesmoney people and businesses must pay to the government.

Think of 'treasury' as a departmentpart of an organization in a government or a big organization that takes care of its money. This means collecting, managingcontrolling or handling, and spending the money wisely.

'Treasury' is a sophisticated term referring to the government or corporation's financial arm responsible for fiscal managementcontrol of money, including currency issue, public debt management, and executing monetary policygovernment actions affecting the amount and cost of money.

Context

Business

In corporations, treasury refers to the department handling financial matters. For instance, the CFOChief Financial Officer might state, 'Our treasury department ensured a steady cash flowmovement of money despite the economic downturneconomic decline.'

In economics, the ‘treasury’ refers to the government’s means of regulatingcontrolling or supervising the economy. An economist might note, 'The Treasury's decision to change interest ratescost of borrowing money will impact the economy.'

In government context, 'Treasury' is typically a federal agencygovernmental organization responsible for fiscal policygovernment's use of spending and taxation. An official might say, 'The Treasury is introducing new policies to control inflationrise in the general level of prices.'

In banking context, 'treasury' is a division responsible for managing the bank's investments, funding, liquidityavailability of liquid assets like cash, and financial riskuncertainty of investments. A banker could state, 'Our treasury ensures the bank's financial stability.'

Practice in Professional Context

Listen to the given audio and respond using 'treasury'.

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