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| Definition Of: |
T-Bills
T-Bills, the common name for a U.S. Treasury bill, are short-term (with a maturity of up to a year) discounted government securities sold through competitive bidding at weekly and monthly auctions in denominations from $10,000 to $1 million. They can also be purchased by individuals directly from a Federal Reserve Bank in denominations of under $500,000.
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BASSAM Finance Dictionary INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 4 5 6 7 8 9 10 A: Page 1 of 10.
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