Treasury Bills
/ˈtrɛʒəri bɪlz/
Definitions
- (n.) Short-term government debt securities issued to finance public expenditures, typically maturing in one year or less.
The government raised funds by issuing treasury bills to investors.
Forms
- treasury bills
- treasury bill
Related terms
See also
Commentary
Treasury bills are favored for their liquidity and low risk, often used as benchmarks in finance and legal contexts involving government borrowing.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.