1. plural of subtreasury; branch offices of a national treasury that handle government financial operations in specific regions
Usage: historical; governmental finance

Examples

• The subtreasuries were established to manage federal funds in major cities.
• New York and Boston housed important subtreasuries in the 19th century.
• The subtreasuries helped distribute government payments across the country.
• Local banks often worked closely with nearby subtreasuries.
• The subtreasuries system was eventually replaced by the Federal Reserve.
• Records from the subtreasuries provide insight into early American finance.