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WordNet-Online
Definitions from WordNet | ||||
Definitions from the WebTreasury NoteDescriptionA treasury note refers to a type of government debt security issued by the U.S. Department of the Treasury to raise funds for government expenditures. These notes typically have a fixed interest rate and a maturity period ranging from one to ten years. Senses and UsagesNoun - Financial:1. A treasury note is a low-risk investment option that pays interest over a specified period of time. It is an attractive choice for investors looking for a stable source of income. Example sentence: I decided to invest a portion of my savings in treasury notes to preserve capital and earn interest. Noun - Historical:2. Treasury notes were interest-bearing securities issued by the United States government during the American Civil War. They were used to finance war efforts and could be redeemed for cash after a certain period. Example sentence: During the Civil War, many citizens purchased treasury notes to support the Union and contribute to the war effort. Noun - Local:3. In some local communities, a treasury note refers to a form of local currency circulated to encourage economic activity within the region. Example sentence: Our town introduced treasury notes to boost local business and promote a sense of community. Related Products | ||||
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