U.S. Treasury

AAA

DEFINITION of 'U.S. Treasury'

Created in 1798, the United States Department of the Treasury is the government (Cabinet) department responsible for issuing all Treasury bonds, notes and bills. Some of the government branches operating under the U.S. Treasury umbrella include the IRS, U.S. Mint, Bureau of the Public Debt, and the Alcohol and Tobacco Tax Bureau.

INVESTOPEDIA EXPLAINS 'U.S. Treasury'

Generally speaking, the U.S. Treasury is responsible for the revenue of the U.S. government, but here are some other key functions:

- Printing of bills, postage, Federal Reserve notes, and minting of coins
- Collection of taxes and enforcement of tax laws (through the IRS)
- Management of all government accounts and debt issues
- Overseeing U.S. banks

RELATED TERMS
  1. Office Of The Comptroller Of The ...

    A U.S. federal agency that serves to charter, regulate and supervise ...
  2. Competitive Tender

    An auction process through which large institutional investors ...
  3. Foreign Official Dollar Reserves ...

    A term coined by economist Ed Yardeni relating international ...
  4. One-Year Constant Maturity Treasury ...

    The interpolated one-year yield of the most recently auctioned ...
  5. 10-Year Treasury Note

    A debt obligation issued by the United States government that ...
  6. Off-The-Run Treasuries

    All Treasury bonds and notes issued before the most recently ...
Related Articles
  1. Bonds & Fixed Income

    How do I sign up for a TreasuryDirect ...

  2. Bonds & Fixed Income

    What is the difference between EE and ...

  3. Bonds & Fixed Income

    How do I sign up for a TreasuryDirect ...

  4. Trading Strategies

    What is the difference between EE and ...

Hot Definitions
  1. Capitulation

    When investors give up any previous gains in stock price by selling equities in an effort to get out of the market and into ...
  2. Turkey

    Slang for an investment that yields disappointing results or turns out worse than expected. Failed business deals, securities ...
  3. Conduit Issuer

    An organization, usually a government agency, that issues municipal securities to raise capital for revenue-generating projects ...
  4. Financing Entity

    The party in a financing arrangement that provides money, property, or another asset to an intermediate entity or financed ...
  5. Hyperinflation

    Extremely rapid or out of control inflation. There is no precise numerical definition to hyperinflation. Hyperinflation is ...
  6. Gross Rate Of Return

    The total rate of return on an investment before the deduction of any fees or expenses. The gross rate of return is quoted ...
Trading Center