Public Treasury (Noun)
Meaning
A treasury for government funds.
Classification
Nouns denoting possession and transfer of possession.
Examples
- The public treasury is used to store and manage government funds collected from taxes and other sources of revenue.
- A portion of the public treasury is allocated to fund public infrastructure projects such as roads and bridges.
- The government is responsible for ensuring the public treasury is used in a responsible and transparent manner.
- Corruption and mismanagement can lead to the depletion of the public treasury, causing financial strain on the government.
- Auditors regularly review the public treasury to ensure that government funds are being used in accordance with budget allocations.