Treasury function definition

Treasury function means the pooling and management of liquid assets for the purpose of satisfying the cash flow needs of the trade or business and includes the following situations:
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Treasury function means the treasury unit of any member of the GE Group including any personnel under the direct or indirect management of the treasurer of such member, and such unit’s agents or representatives, or any other unit of the group comprising such member and its Subsidiaries performing a similar treasury function for any other part of the group comprising such member and its Subsidiaries, and its agents or representatives.
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Treasury function means the pooling, management, and
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Examples of Treasury function in a sentence

  • The Group’s Corporate Treasury function provides services to the business, coordinates access to domestic and international financial markets, monitors and manages the financial risks relating to the operations of the Group through internal risk reports which analyze exposures by degree and magnitude of risks.

  • Mid Office of the Bank’s Treasury function is attached to the Market Risk Division of Risk Management Department.

  • The Company’s Corporate Treasury function provides services to the business, coordinates access to domestic and international financial markets, monitors and manages the financial risks relating to the operations of the Company through internal risk reports which analyze exposures by degree and magnitude of risks.

  • The Treasury function does not operate as a profit centre and the undertaking of speculative transactions is not permitted.

  • During the implementation of such plans, Corporate Treasury function must comply with certain treasury procedures that provide guiding principles for overall financial risk management and segregation of duties.

  • Financial risk management objectives and policies The Group’s Corporate Treasury function provides services to the business, coordinates access to domestic and international financial markets, monitors and manages the financial risks relating to the non-operating activities of the Group through internal risk reports that analyze exposures by degree and magnitude of risks.

  • The Corporate Treasury function is reviewed by the Group’s board of directors in accordance with related rules and internal control system.

  • The Treasury function of the Group manages liquidity risk by preparing and monitoring forecasted cash flow plans and budgets while maintaining adequate reserves.

  • The Group’s Treasury function provides services to its various corporate entities, coordinates access to local and international financial markets, monitors and manages the financial risks relating to the operations of the Group, mainly the investing and development functions.

  • Financial credit risk The credit risk of bank deposits, fixed-income investments and other financial instruments are regularly controlled and monitored by the Group’s Corporate Treasury function.


More Definitions of Treasury function

Treasury function means the treasury unit of GE Vernova or any of its Subsidiaries including any personnel under the direct or indirect management of the treasurer of such unit, and such unit’s agents or representatives, or any other unit of GE Vernova or any of its Subsidiaries performing a similar treasury function for any other part of GE Vernova or its Subsidiaries, or its agents or representatives.
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Treasury function means the pooling, management, and investment of intangible assets for the purpose of satisfying the cash flow needs of the taxpayer’s trade or business, such as providing liquidity for a taxpayer’s business cycle, providing a reserve for business contingencies, and business acquisitions, and also include the use of futures contracts and options contracts to hedge foreign currency fluctuations. A taxpayer principally engaged in the trade or business of purchasing and selling intangible assets of the type typically held in a taxpayer’s treasury function, such as a registered broker-dealer, is not performing a treasury function, with respect to income so produced.
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Related to Treasury function

  • School function means any school-sponsored extra-curricular event or activity.

  • Comparable Treasury Issue means the United States Treasury security selected by an Independent Investment Banker as having a maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of such Notes.

  • Form, fit, and function data means technical data that describes the required overall physical, functional, and performance characteristics (along with the qualification requirements, if applicable) of an item, component, or process to the extent necessary to permit identification of physically and functionally interchangeable items.

  • Benchmark means, initially, the Term SOFR Reference Rate; provided that if a Benchmark Transition Event has occurred with respect to the Term SOFR Reference Rate or the then-current Benchmark, then “Benchmark” means the applicable Benchmark Replacement to the extent that such Benchmark Replacement has replaced such prior benchmark rate pursuant to Section 2.24(a).