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treasury bills

 

Definitions from WordNet

Noun treasury bill has 1 sense
  1. Treasury bill, T-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
    --1 is a kind of Treasuries, Treasury obligations

Definitions from the Web

Treasury Bills

Description:

Treasury bills, also known as T-bills, are short-term debt securities issued by the government to finance its operations and meet its financial obligations. They are considered one of the safest forms of investment, as they are backed by the full faith and credit of the government.

Sense 1: Financial:

Treasury bills refer to government-issued debt securities with a maturity of less than one year. They are sold at a discount from their face value and do not pay regular interest.

Example sentences:

1. Investors looking for temporary safe investments often turn to treasury bills.

2. I purchased a treasury bill with a maturity of six months to park my excess cash.

Sense 2: Political:

Treasury bills can also refer to the activities of the Treasury Department, which manages the financial affairs of a country.

Example sentences:

1. The finance minister announced new regulations regarding the issuance of treasury bills.

2. The Treasury Department handled the sale of treasury bills to fund the construction of public infrastructure.

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