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Treasury Bills

Definition of 'Treasury Bills'

Short term government securities which pay no interest so are issued at a discount. Also known as T–bills and usually have a maturity of 91 days.

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Related Terms

Acceptance Credit Treasury Accepting House Accelerated Depreciation Accounts Payable Accounts Receivable Direct Debit Trade Creditor Commodity Credit Corporation Gilt-Edged Multilateral Netting Tap Treasury Bonds Treasury Inflation Indexed Securities Treasury Management Treasury Notes

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