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Treasury bill
or treasury bill
noun
- 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.
Treasury bill
noun
- a short-term noninterest-bearing obligation issued by the Treasury, payable to bearer and maturing usually in three months, within which it is tradable on a discount basis on the open market
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Word History and Origins
Origin of Treasury bill1
First recorded in 1790–1800
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Example Sentences
The sub-treasury, or independent treasury bill passed the house of representatives in congress, by a vote of 124 to 105.
From Project Gutenberg
It was at this session that the sub-treasury bill was passed.
From Project Gutenberg
The independent treasury bill was defeated in the House by 120 to 106.
From Project Gutenberg
At this session the independent or sub-treasury bill was again introduced, and again a titanic battle was waged in the Senate.
From Project Gutenberg
It has been discovered that bank influence has defeated the Sub-Treasury bill.
From Project Gutenberg
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