Treasury Bills (or T-Bills)

Definition of "Treasury Bills (or T-Bills)"
  1. Short-term US government obligations that do not pay interest but are sold at a discount, maturing within one year
How to use "Treasury Bills (or T-Bills)" in a sentence
  1. The investor purchased Treasury Bills as a low-risk investment option.
  2. Due to their short-term maturity, Treasury Bills are often utilized by businesses for quick cash flow.
  3. The government often uses Treasury Bills to fund various federal projects.

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