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Definition 2024


Treasury_bill

Treasury bill

English

Alternative forms

Noun

Treasury bill (plural Treasury bills)

  1. (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

Translations

treasury_bill

Treasury bill

English

Alternative forms

Noun

Treasury bill (plural Treasury bills)

  1. (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

Translations