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Encyclopedia > Treasury

The term treasury was first used in classical times to describe the votive buildings erected to house gifts to the gods, such as the Siphnian Treasury in Delphi or the many buildings put up in Olympia, Greece by competing city-states, to impress each other during the Ancient Olympic Games. Sacrifice (from a Middle English verb meaning to make sacred, from Old French, from Latin sacrificium : sacer, sacred; sacred + facere, to make) is commonly known as the practice of offering food, or the lives of animals or people to the gods, as an act of propitiation or worship. ... The Siphnian Treasury was a dedicated building to the Greek polis, or city-state of Delphi while the oracle was still popular and in use. ... The theatre, seen from above Delphi (Greek Δελφοί - Delphoi; see also List of traditional Greek place names) is an archaeological site and a modern town in Greece. ... Olympia (Greek: Ολυμπία Olympía or Ολύμπια Olýmpia, older transliterations, Olimpia, Olimbia), a city 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. ... Ruins of the training grounds at Olympia The Ancient Olympic Games were an athletic and religious celebration held in the Greek town of Olympia from (historically) as early as 776 BC to 393 AD. // Origin The historical origins of the Ancient Olympic Games are lost in the fog of time...


A treasury is the part of a government which manages all money and revenue. A treasurer is the person in charge of the treasury; although, in some systems (such as the US) the treasurer reports to a secretary of the treasury. The IRS is the revenue agency of the US Department of Treasury. Management (from Old French ménagement the art of conducting, directing, from Latin manu agere to lead by the hand) characterises the process of leading and directing all or part of an organization, often a business, through the deployment and manipulation of resources (human, financial, material, intellectual or intangible). ... An example of Money. ... Income, generally defined, is the money that is received as a result of the normal business activities of an individual or a business. ... In many governments, a treasurer is the person responsible for running the treasury. ... Motto: E pluribus unum (1789 to 1956) (Latin: Out of Many, One) In God We Trust (1956 to present) Anthem: The Star-Spangled Banner Capital Washington, D.C. Largest city New York City Official language(s) None at federal level; English de facto Government  â€¢ President  â€¢ Vice President Federal republic George... John W. Snow, the current Secretary of the Treasury. ... . The Internal Revenue Service (IRS) is the United States government agency that collects taxes and enforces the tax laws. ... The United States Department of the Treasury is a Cabinet department, a treasury, of the United States government established by an Act of U.S. Congress in 1789 to manage the revenue of the United States government. ...


In the United Kingdom, Her Majesty's Treasury is overseen by the Chancellor of the Exchequer. The traditional honorary title of First Lord of the Treasury is held by the Prime Minister. The new eastern entrance to HM Treasury HM Treasury (Her/His Majestys Treasury) is the United Kingdom government department responsible for and putting into effect the UK Governments financial and economic policy. ... The Rt. ... The First Lord of the Treasury is the head of the commission exercising the ancient office of Lord High Treasurer in the United Kingdom, usually but not always the Prime Minister. ... Sir Robert Walpole, the first Prime Minister A prime minister may be either: chief or leading member of the cabinet of the top-level government in a country having a parliamentary system of government; or the official, in countries with a semi-presidential system of government, appointed to manage the...


In Australia there is a Treasurer and a Finance Minister. The Treasurer is responsible for drafting the government budget and coordinating government expenditure. The Finance Minister is responsible for government procurement, policy guidelines for commonwealth, statutory authorities, and superannuation policies. Procurement is the acquisition of goods or services at the best possible total cost of ownership, in the right quantity, at the right time, in the right place for the direct benefit or use of the governments, corporations, or individuals generally via, but not limited to a contract. ... // Definition and linguistics The original phrase common wealth or the common weal is a calque translation of the Latin term res publica (public matters), from which the word republic comes, which was itself used as a synonym for the greek politeia as well as for the republican (i. ... A pension (also known as superannuation) is a retirement plan intended to provide a person with a secure income for life. ...


In many other countries, the treasury is called the Ministry of Finance and the head is the Finance Minister. Examples include New Zealand, Canada, Malaysia, Singapore and Japan. The finance minister is a cabinet position in a government. ...


Notable Treasuries

The United States Department of the Treasury is a Cabinet department, a treasury, of the United States government established by an Act of U.S. Congress in 1789 to manage the revenue of the United States government. ... The new eastern entrance to HM Treasury HM Treasury (Her/His Majestys Treasury) is the United Kingdom government department responsible for and putting into effect the UK Governments financial and economic policy. ... The Trésor public (Public treasury) is the national administration of the Treasury in France. ... Aerarium (from Latin aes, in its derived sense of money) was the name (in full, aerarium stabulum - treasure-house) given in Ancient Rome to the public treasury, and in a secondary sense to the public finances. ...

Notable Treasurers and Secretaries

this is the cooliest thing on earth Nigga Jean-Baptiste Colbert Jean-Baptiste Colbert (August 29, 1619 – September 6, 1683) served as the French minister of finance for 22 years under King Louis XIV. He achieved a reputation for his work of improving the state of French manufacturing and bringing the economy back from the brink of bankruptcy... A portrait of Alexander Hamilton by John Trumbull, 1792. ... John W. Snow John William Snow, Ph. ...


See also

--- A mint is a facility which manufactures coins for currency. ... The treasurer (Latin: magister tavernicorum, Hungarian: tárnok(mester), Slovak: taverník, German: Schatzmeister) or in full title main royal treasurer ( tavernicorum regalium magister) was the supreme economic officer(a kind of finance minister) in the Kingdom of Hungary till 1848/1918. ... The Department of the Treasury, Canberra The Australian Treasurer is the minister responsible for government expenditure and revenue raising. ... In Canadian politics the Provincial Treasurer is a senior protfolio in the Executive Council (or cabinet) of provincial governments. ... The finance minister is a cabinet position in a government. ...


  Results from FactBites:
 
Individual - Treasury Securities & Programs (267 words)
Treasury bills are short-term government securities with maturities ranging from a few days to 26 weeks.
Treasury notes are government securities that are issued with maturities of 2, 5, and 10 years and pay interest every six months.
Treasury resumed selling 30 year bonds in February 2006.
  More results at FactBites »


 

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