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Treasury bill
Treas·ur·y bill (plural Treas·ur·y bills)


noun 
Definition:
 
U.S. government obligation: a short-term obligation issued by the U.S. government, sold at a discount from its face value and redeemed at its face value upon maturity
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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