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Treasury bond
Treas·ur·y bond (plural Treas·ur·y bonds)


noun 
Definition:
 
long-term bond: an interest-bearing debt security issued by the U.S. government, with an initial life of between ten and thirty years
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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