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Definition of treasury bill noun from the Oxford Advanced Learner's Dictionary

treasury bill

noun
 
/ˈtreʒəri bɪl/
 
/ˈtreʒəri bɪl/
(also informal T-bill)
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  1. a type of investment sold by the US government in which a fixed amount of money is paid back on a certain date
    CultureTreasury 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.
See treasury bill in the Oxford Advanced American Dictionary
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Nearby words

trait
noun
 
 
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