Meaning Of The Word Treasury bill
What's the definition of Treasury bill? Find Treasury bill meanings, definitions and more at the Real Dictionary online.
Treasury bill Meaning
| Treasury bill Definition |
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What's The Definition Of Treasury bill?
treasury bill
countable noun: A treasury bill is a short-term bond that is issued by the United States government in order to raise money. treasury bill in American English a short-term obligation of the U.S. Treasury, maturing in one year or less, bearing no interest and sold periodically on the open market on a discount basis noun: an obligation of the U.S. government represented by promissory notes in denominations ranging from $1000 to $1,000,000, with a maturity of about 90 days but bearing no interest, and sold periodically at a discount on the market Treasury bill in British English noun: a short-term noninterest-bearing obligation issued by the Treasury, payable to bearer and maturing usually in three months, within which it is tradable on a discount basis on the open market |
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