Treasury bill
or treasury bill
noun
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.
Origin of Treasury bill
First recorded in 1790–1800
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Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019
Treasury bill
noun
Collins English Dictionary - Complete & Unabridged 2012 Digital Edition
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