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)
t-billExample 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."
