the place wherein the revenues of a prince are received, preserved and disbursed. In England the treasury is a part of the exchequer; by some called the lower exchequer. The officers of his majesty's treasury, or the lower exchequer, are the lords commissioners, one of whom is chancellor, two joint secretaries, private secretary to the first lord, two chamberlains, an auditor, four tellers, a clerk of the pells, usher of the receipt, a tally-cutter, &c. See each officer under his proper article, CHANCELLOR, TELLER, TALLY, &c.
Lords of the TREASURY. In lieu of one single director and administrator of his majesty's revenues under the title of lord high treasurer, it is at present thought proper to put that office in commission, i.e. to appoint several persons to discharge it with equal authority, under the title of lords commissioners of the treasury.