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aerarium
[ ee-rair-ee-uhm ]
noun
- the state treasury in ancient Rome.
Word History and Origins
Example Sentences
There are two types: the awning variety, as illustrated by the Knopf and the Allen tents; and those of the box order, of which the Farlin, Walsh, Mott and Aerarium are examples.
There was now no distinction of provinces; and the old public aerarium became merely a municipal treasury, while the fiscus of the emperor became the exchequer of the Empire.
Furthermore, the state treasury, the aerarium saturni, supported by the revenues from Italy and the Senate’s provinces, remained under the authority of that body.
From this time the princeps ceased to hold himself accountable for the expenditure of the public imperial revenues, and the fiscus assumes an independent position alongside of the old aerarium of the Roman people, which, as we have shown, it ultimately deprived of all share in the control of the public finances.
However, he did establish the aerarium militare at Rome for the control of the revenues destined for the pensioning of veteran troops.
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