Treasury bill

/ˌtrɛʒəri bɪl/
IPA guide

Other forms: Treasury bills

Definitions of Treasury bill
  1. noun
    a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
    synonyms: T-bill
    see moresee less
    type of:
    Treasury, Treasury obligations
    negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time
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