NOUN | possession | T-bill, Treasury bill | a short-term obligation that is not interest-bearing (it is purchased at a discount) |
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Meaning | A short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days. | |
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Synonym | Treasury bill | |
Broader | Treasury, Treasury obligations | Negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time |
Spanish | letra del tesoro | |
Catalan | lletra del tesoro |
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