Department Of The Treasury

Business, Legal & Accounting Glossary

Definition: Department Of The Treasury


Department Of The Treasury


Full Definition of Department Of The Treasury


One of the earliest established departments of the executive branch system of government, it is mandated by Congress to manage the finances of the federal government including the collection of tax revenue, the production of currency, the management of public debt and the oversight of the banking system. The Internal Revenue Service is an agency of the Treasury Department responsible for enforcing federal tax laws.


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Definition Sources


Definitions for Department Of The Treasury are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 16th November, 2021 | 0 Views.