Treasury Bill (Noun)
Meaning
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.
Classification
Nouns denoting possession and transfer of possession.
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.
Nouns denoting possession and transfer of possession.