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Glossary Term: U.S. TREASURY BILL

Definition(s) for U.S. TREASURY BILL:


1. ) refers to U.S. government debt with a maturity that is less than a year. This is the same as treasury bill or T bill.

2. ) A short-term U.S. government debt instrument with anoriginal maturity of one year or less. Bills are sold at a discount from parwith the interest earned being the difference between the face value receivedat maturity and the price paid.



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