Definitions
There is 1 meaning of the phrase
Treasury Bill.
Treasury Bill - as a noun
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
Synonyms (Exact Relations)
Example Sentences
"Investors can buy treasury bills directly from the government."
"The interest rate on treasury bills is relatively low."
"Many investors use treasury bills as a short-term investment."
"The government uses treasury bills to raise funds."
"Some treasury bills have a maturity period of less than one month."