subtreasury

noun

sub·trea·sury ˌsəb-ˈtre-zh(ə-)rē

-ˈtrā-

variants or sub-treasury

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

Examples of subtreasury in a Sentence

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Progressive reformers cribbed its structure from the Populist Party’s radical subtreasury plan, which sought to weight currency value to labor and crop exchanges. —

Chris Lehmann, The New Republic, 19 Jan. 2022