a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
[ Syn: treasury bill , t-bill ]
WordNet 3.0 Copyright 2011 by Princeton University. All rights reserved.
a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days
[ Syn: treasury bill , t-bill ]