an obligation of the U.S. government represented by promissory notes in denominations ranging from $1000 to $1,000,000, with a maturity of about 90 days but bearing no interest, and sold periodically at a discount on the market.
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How to use Treasury bill in a sentence
The sub-treasury, or independent Treasury bill passed the house of representatives in congress, by a vote of 124 to 105.The Every Day Book of History and Chronology | Joel Munsell
It was at this session that the sub-Treasury bill was passed.
The independent Treasury bill was defeated in the House by 120 to 106.
At this session the independent or sub-Treasury bill was again introduced, and again a titanic battle was waged in the Senate.
It has been discovered that bank influence has defeated the Sub-Treasury bill.Quodlibet | John P. Kennedy
British Dictionary definitions for Treasury bill
a short-term noninterest-bearing obligation issued by the Treasury, payable to bearer and maturing usually in three months, within which it is tradable on a discount basis on the open market
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