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  1. Treasury bill

    • n.
      a short-dated UK or US government security, yielding no interest but issued at a discount on its redemption price.
    • noun: Treasury bill, plural noun: Treasury bills

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    • IPA[ˈtreZH(ə)rē bil]
    • n.
      a short-dated government security, yielding no interest but issued at a discount on its ...

    Oxford American Dictionary