Treasury bill
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English
[edit]Alternative forms
[edit]Etymology
[edit]From Treasury (“the US Treasury”) + bill.
Noun
[edit]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
[edit]- Originally used in reference to US government obligations, the term is used to refer to similar securities issued by any national sovereign.
Synonyms
[edit]Translations
[edit]short-term government obligation
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