subtreasury

noun sub·trea·sury \ ˌsəb-ˈtre-zh(ə-)rē , -ˈtrā- \
variants: or sub-treasury
Updated on: 15 Nov 2017

Definition of subtreasury

plural subtreasuries or sub-treasuries
:a subordinate treasury or place of deposit; especially :any of nine former branch treasuries of the U.S.
  • "… Whig or Tory, with their interminable brawls about banks and the sub-treasury …"
  • —Nathaniel Hawthorne
  • … the United States Treasury with its subtreasury system had come in 1846; but still there were many, many wildcat banks …
  • —Theodore Dreiser

First Known Use of subtreasury

1702


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