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Aerarium

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aerarium (Saturni)

Central treasury of ancient Rome, housed in the Temple of Saturn. During the republic (509–27 BC), two quaestors managed the treasury and the Senate controlled it. All revenues were paid into the aerarium, and approved payments were made from it. Under the principate (27 BCAD 305) the aerarium lost funds and importance as emperors and magistrates bypassed Senate control and drew directly from the fisci (various private and provincial treasuries). From AD 6 Augustus used taxes to fund the aerarium militare, a public treasury, to reward veterans, and the aerarium Saturni became the treasury of the city of Rome.


aerarium
In ancient Rome, the public treasury.

Aerarium 

in ancient Rome, the government treasury, housed in the temple of the god Saturn. In republican times, the aerarium was administered by quaestors under the supervision of the Senate; under the empire, it was directed by praetors, but the emperor effectively controlled it. The aerarium gradually became indistinguishable from the fiscus, the private imperial treasury established by the emperor Augustus.



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