Treasury bill

Treasury bill
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
Syn: ↑T-bill
Hypernyms: ↑Treasury, ↑Treasury obligations

* * *

ˈtreasury bill 7 [treasury bill] (also informal ˈT-bill) noun
a type of investment sold by the US government in which a fixed amount of money is paid back on a certain date
See also:T-bill  
Treasury bills are sold by the US Department of the Treasury to raise money for the government. They are bought for less money than their value, kept for a fixed time, and then sold back to the government for their full value. No interest is paid.

Useful english dictionary. 2012.

Игры ⚽ Нужно сделать НИР?

Look at other dictionaries:

  • treasury bill — see bill 7 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. treasury bill n. A pr …   Law dictionary

  • Treasury bill — also T bill informal an American government ↑bond. Treasury bills are sold to raise money for the government and usually bought by large financial institutions around the world …   Dictionary of contemporary English

  • treasury bill — ☆ treasury bill n. a short term obligation of the U.S. Treasury, maturing in one year or less, bearing no interest and sold periodically on the open market on a discount basis …   English World dictionary

  • treasury bill — treasury ,bill noun count BUSINESS a type of investment consisting of a document that is sold by a government, especially the U.S. government, at a particular price, then bought back by the government later for a higher price …   Usage of the words and phrases in modern English

  • Treasury bill — A Treasury bill is a short term U.S. government obligation with an original maturity of one year or less. Unlike a bond or note, a bill does not pay a semi annual, fixed rate coupon. A bill is typically issued at a price below its par value and… …   Financial and business terms

  • Treasury bill — 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. Also, treasury… …   Universalium

  • Treasury Bill — Un T Bill ou Treasury bill (billet du trésor) est une obligation à court terme émise par le gouvernement américain, et dont la maturité est d’un an ou moins. Ils équivalent aux BTF de l Etat français. Sur le même modèle que les obligations zéro… …   Wikipédia en Français

  • Treasury bill tender — A weekly sale of Treasury bills to UK discount houses by the Bank of England. The cost of the bills is set by the Treasury bill tender rate …   Big dictionary of business and management

  • Treasury bill rate — The rate of interest obtainable by buying a Treasury bill at a discount and selling it at its redemption value …   Big dictionary of business and management

  • Treasury bill — A bill of exchange issued by the Bank of England on the authority of the UK government that is repayable in three months. They bear no interest, the yield being the difference between the purchase price and the redemption value. The US Treasury… …   Big dictionary of business and management

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”