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Definitions from WordNet

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Treasury Bill

Noun

A treasury bill, also known as a T-bill, is a short-term debt obligation issued by the government of a country to fund its expenses and manage its cash flow. It is considered a safe investment since it is backed by the government.

Sample Sentence: I invested in treasury bills to secure a guaranteed return on my short-term funds.

Adjective

The treasury bill rate refers to the interest rate at which treasury bills are bought and sold in the financial market. It is an important indicator of market sentiment and can affect other interest rates.

Sample Sentence: The decrease in the treasury bill rate led to a drop in borrowing costs for businesses.

Verb

To treasury bill means to use treasury bills as a financial instrument for investment or cash management purposes.

Sample Sentence: The company decided to treasury bill a portion of its excess cash to earn a secure return.

Local Usage

In certain regions, the term "treasury bill" may refer to a document or treasury note issued by a local government body, such as a municipality or city treasury.

Sample Sentence: The local treasury bill served as proof of payment for property taxes in the region.