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subtreasury

   Also found in: Encyclopedia, Wikipedia 0.01 sec.
subtreasury [sʌbˈtrɛʒərɪ]
n pl -uries
(Economics, Accounting & Finance / Banking & Finance) US a branch treasury
subtreasurer  n
subtreasurership  n
ThesaurusLegend:  Synonyms Related Words Antonyms
Noun1.subtreasury - a subordinate treasury or place of deposit
exchequer, treasury - the funds of a government or institution or individual


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When a Treasury official announced that a draft of $12 million would be presented that day to the New York subtreasury, and that the subtreasury had only $9 million in gold on hand, the president turned to Mr.
Subtreasury vaults for holding government funds formally lingered on until 1921, when the Federal Reserve System superseded them, but none of the motivating hard-money features remained.
 
 
 
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