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2017 Word of the Year

Treasury certificate

or treasury certificate

noun
1.
an obligation of the U.S. government represented by certificates in denominations ranging from $1000 to $1,000,000, maturing in one year or less with interest periodically payable by the redemption of coupons.
Origin of Treasury certificate
1785-1795
First recorded in 1785-95
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2017.
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British Dictionary definitions for Treasury certificate

treasury certificate

noun
1.
a short-term obligation issued by the US Treasury, maturing in 12 months with interest payable by coupon redemption
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
© William Collins Sons & Co. Ltd. 1979, 1986 © HarperCollins
Publishers 1998, 2000, 2003, 2005, 2006, 2007, 2009, 2012
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Word Value for Treasury

11
11
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