Tra từ treasury bill - Từ điển Oxford Learners Wordfinder Dictionary

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treasury bill
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Từ điển Oxford Learners Wordfinder Dictionary

treasury bill

ˈtreasury bill 7 [treasury bill] BrE NAmE (also informal ˈT-bill) noun
a type of investment sold by the US government in which a fixed amount of money is paid back on a certain date
See also: ↑T-bill

Culture:
Treasury bills are sold by the US Department of the Treasury to raise money for the government. They are bought for less money than their value, kept for a fixed time, and then sold back to the government for their full value. No interest is paid.