Treasury

In corporate finance, Treasury refers to the department responsible for managing a company's financial assets, liabilities, and risks. This includes overseeing cash flow, ensuring enough funds are available for operations, managing investments, and handling relationships with banks and investors. The Treasury also works to minimize financial risks, such as those from interest rate changes or currency fluctuations, and develops strategies for financing the company's projects and initiatives. Essentially, it ensures that the company has the right amount of money at the right time to meet its goals and obligations.