Treasury warrant definition

What is a Treasury Warrant?

A treasury warrant is an authorization that a payment be made from a public treasury, usually in the form of a check. Government disbursements are paid with treasury warrants.

Characteristics of a Treasury Warrant

The key characteristics of a treasury warrant are as follows:

  • Government-issued. A treasury warrant is issued by the treasury department of a government (national or state level).

  • Authorization for payment. A treasury warrant serves as an official order for payment from government funds.

  • Backed by government funds. A treasury warrant represents a claim on government resources or revenues.

  • Legally enforceable. A treasury warrant is considered a legal document that obligates a government to pay the stated amount.

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