TREASURY Definition

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TREASURY is, dependent upon usage, a. the funds of a government or institution or individual; b. the government department responsible for collecting and managing and spending public revenues; or, c. a depository (a room or building) where wealth and precious objects can be kept safely.

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EQUITY METHOD is a method of accounting for investments in associated companies.

COMMON LAW is an unwritten body of law based on general custom in England; it is used to some extent in the United States.

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