Department of the Treasury

noun

1. the department of the U.S. federal government that collects revenue and administers the national finances. TD

Department of the Treasury

1. A department of the federal executive branch; it includes the Internal Revenue Service (see also Internal Revenue Service) (IRS). The Department of the Treasury has general responsibility for setting federal fiscal policy by collecting taxes and customs duties, administering the public debt, keeping all government accounts, minting currency, and licensing ships engaged in international and interstate commerce. The Department of the Treasury administers the Secret Service.

Example Sentences

After the sanctions came into force Thursday morning, NIS said it "had not yet been granted an extension of the special licence from the United States Department of the Treasury".

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Department of the Treasury and TikTok didn’t respond to questions about the deal.

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The student loan programs for higher education could transfer to the Small Business Administration, the Department of the Treasury or the Department of Commerce.

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Also on Friday, the US Department of the Treasury said it had sanctioned 183 vessels that are "part of the shadow fleet as well as oil tankers owned by Russia-based fleet operators".

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The latest hack, announced on Monday, targeted the US Department of the Treasury, which called the infiltration a "major incident".

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