Treasury bill

Definitions

Accounting

Economics

  • noun a short-term bill of exchange which does not give any interest and is sold by the government at a discount through the central bank. In the UK, the term varies from three to six months; in the USA, Treasury bills are for 91 or 182 days, or for 52 weeks. In the USA they are also called Treasuries or T-bills.

Business

  • abbreviationT-bill
    (written as treasury bill)
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