Investopedia

Continue to Site »

Her Majesty's (HM) Treasury

Filed Under » , , ,
Dictionary Says

Definition of 'Her Majesty's (HM) Treasury'

The United Kingdom's economics and finance ministry, responsible for formulating and implementing financial and economic policy. Her Majesty's Treasury's stated aim is "to raise the rate of sustainable growth and achieve rising prosperity and a better quality of life with economic and employment opportunities for all."
Investopedia Says

Investopedia explains 'Her Majesty's (HM) Treasury'

According to the HM Treasury, the Anglo-Saxon Treasury collected taxes (including the danegeld, first levied as a tribute to the Vikings to persuade them - sometimes unsuccessfully - to stay away) and controlled expenditure as far back as 1066. HM Treasury claims that the first "treasurer" was probably "Henry the Treasurer". Henry owned land around Winchester and was referred to in the Domesday Book, a systematic tax assessment of the whole country undertaken by the Treasury.

Articles Of Interest

  1.

    Start Investing With Only $1,000

    Find out what fees and restrictions need to be considered before investing $1,000.

  2. The Advantages Of Bonds

    Bonds contribute an element of stability to almost any portfolio and offer a safe and conservative investment.

  3. Junk Bonds: Everything You Need To Know

    Don't be fooled by the name - junk bonds may be for you if you know how to analyze them.

  4. The Money Market: A Look Back

    Learn how past inflationary periods can predict future real rates of return for cash investments.

  5. Why The Consumer Price Index Is Controversial

    Find out why economists are torn about how to calculate inflation.

  6. Predict Inflation With The Producer Price Index

    Find out how the PPI can be used to gauge the overall health of the economy.

  7. Leading Economic Indicators Predict Market Trends

    Leading indicators help investors to predict and react to where the market is headed.

  8. Austerity: When The Government Tightens Its Belt

    When a government tightens its belt in tough economic times the entire nation feels the squeeze.

  9. Will Quantitative Easing Be Japan's Savior?

    The quantitative easing program, recently announced by the new governor of the Bank of Japan, Haruhiko Kuroda, is for a cash infusion of $1.4 trillion by the end of 2014. Will it help the Japanese ...

  10. Approved: Paying Online Sales Tax

    States will now be allowed to collect sales taxes on purchases made from Internet-based retailers even if the retailer has no physical presence in that state.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Disaster Loss

    A special type of tax-deductible loss, similar to a casualty loss, where a loss has been incurred by taxpayers who reside in an area that has been designated as a federal disaster area by the President.

  2. Fool In The Shower

    The notion that changes or policies designed to alter the course of the economy should be done slowly, rather than all at once.

  3. Pattern Day Trader

    An SEC designation for traders who trade the same security four or more times per day (buys and sells) over a five-day period, and for whom same-day trades make up at least 6% of their activity for that period.

  4. Cost-Push Inflation

    A phenomenon in which the general price levels rise (inflation) due to increases in the cost of wages and raw materials.

  5. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  6. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.
Trading Center
Array ( )
taggroups(for debug only):
Array ( [0] => Economy And Economics [1] => Investing [2] => SEG (Investors) [4] => Economics ) time:16ms