state treasury

Government money vault

A state treasury is the government department or fund that manages a state's public money—collecting revenue, paying obligations, and overseeing financial assets.

The term applies both to the agency itself and to the pool of funds it administers: The governor raided the state treasury to fund emergency relief.

At the national level, the equivalent is typically just "the Treasury."

Opposites
ownership/control of funds

state treasuryprivate wealth

Individually owned financial resources

family wealth · personal savings · personal assets · shareholder equity

source of funding

state treasuryprivate sector

Economy outside government control

private enterprise · personal income · private investment · venture capital · commercial banking

Family

state, treasury

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Everyday, not technical · Rated G