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Treasury note

or treasury note

noun

a note or bill issued by the U.S. Department of the Treasury, receivable as legal tender for all debts except as otherwise expressly provided.

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Origin of Treasury note

First recorded in 1750–60
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2019

British Dictionary definitions for treasury note

treasury note

noun

(a note issued by a government treasury and generally receivable as legal tender for any debt, esp)
  1. a medium-term interest-bearing obligation issued by the US Treasury, maturing in from one to five years
  2. Also called: currency note a note issued by the British Treasury in 1914 to the value of £1 or ten shillings: amalgamated with banknotes in 1928
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