Treasury Single Account (TSA) definition
Treasury Single Account (TSA) means a unified structure of government bank accounts that gives a consolidated view of government cash resources. Based on the principle of unity of cash and the unity of treasury, a TSA is a bank account or a set of linked accounts through which the government transacts all its receipts and payments.
Examples of Treasury Single Account (TSA) in a sentence
The authorities will provide by mid-May 2016 a report on the compliance of central administration entities with the Ministerial Decision requiring them to transfer their accounts to the Treasury Single Account (TSA).
The Borrower has made satisfactory progress in the establishment of a Treasury Single Account (TSA) through the adoption of a timetable and activity plan for account consolidation.