Treasury bill
English
Alternative forms
- treasury bill, Treasury Bill
Etymology
From Treasury (“the US Treasury”) + bill
Noun
Treasury bill (plural Treasury bills)
- (finance) A government obligation, sold at a discount, maturing in one year or less, and pays no interest prior to maturity.
Usage notes
- Originally used in reference to US government obligations, the term is used to refer to similar securities issued by any national sovereign.
Synonyms
- T-bill
Translations
short-term government obligation
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