T-bills
en
en
Change language
Translating...
/ˈtiː ˌbɪlz/
Add to My Dictionary
In My Dictionary
+1
Short-term Treasury debt securities used as low-risk, cash-like investments and quoted closely with money-market rates.
Examples
She holds T-bills that mature in three months.
The investor bought T-bills to keep cash in a low-risk place.
Some funds use T-bills as a cash-like investment.
New T-bills are sold through regular Treasury auctions.
At maturity, the T-bills paid their face value.
Similar words
money-market instruments
Treasury bills
Treasury securities
government bills
short-term Treasury securities
Meanings
Examples
The investor bought T-bills to keep cash in a low-risk place.
New T-bills are sold through regular Treasury auctions.
She holds T-bills that mature in three months.
The T-bill rate rose after investors expected tighter policy.
Some funds use T-bills as a cash-like investment.
At maturity, the T-bills paid their face value.
Similar words
Treasury bills
short-term Treasury securities
government bills
Treasury securities
money-market instruments
Etymology
From the initial T of Treasury plus bill, shortened from Treasury bill in financial use.
FAQ
What does T-bills stand for?
T-bills stands for Treasury bills.
Are T-bills the same as Treasury bonds?
No. T-bills mature in one year or less, while Treasury bonds are long-term securities.
Do T-bills pay coupon interest?
No. T-bills do not pay regular coupon interest. The return usually comes from buying below face value and receiving face value at maturity.
What is the singular form of T-bills?
The singular form is T-bill.
The U.S. Department of the Treasury issues T-bills.
Comments & contributions
Know this word from another angle? Add a correction, a nuance, or a usage note. New posts go public after a quick review.
No comments yet. Be the first to add one.