Treasury certificate

or treasury certificate


noun

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.

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Origin of Treasury certificate

First recorded in 1785–95
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2020

British Dictionary definitions for Treasury certificate

treasury certificate

noun

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