   
|
|
US Treasury
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
The US Treasury (United States Department of the Treasury) is the cabinet-level federal government body that manages the tax and other revenue collected by the United States government. The US Treasury prints, collects, and keeps all money needed for the budget that Congress and the US president create. The Internal Revenue Service collects taxes for the US Treasury. The US Treasury also produces postage stamps, enforces tax laws, supervises national banks, and manages the federal debt. To pay for its operations, the US Treasury sells Treasury bonds to individual and institutional investors. This body is located in Washington, DC and was founded in 1789. Alexander Hamilton, who is on the $10 bill, was the first secretary of the US Treasury.
Rate this US Treasury definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |