A short-dated government security, yielding no interest but issued at a discount on its redemption price.
More example sentences
- Today, there is a widely-held perception that the U.S. government is the safest credit risk on the planet - heck, mathematical economists even deem the yield on a U.S. Treasury bill to be the ‘risk-free rate of return.’
- An investor must be induced by a potential investment return in order to give up a risk-free alternative like a Treasury bill.
- They would, in fact, return something close to the Treasury bill or bond rate, according to these claims.
Definition of Treasury bill in:
- The British & World English dictionary