Definition of Treasury Bill (T-Bill)

Financial Terms Beginning with T

What is a Treasury Bill (T-Bill)

A Treasury bill (T-bill) is a short-term US government debt-obligation with maturities that range from a few days to 52 weeks. A T-bill is issued through a competitive bidding process at a discount from par value.

There is no fixed interest rate with Treasury bills. At maturity, the face value is paid to the owner.

Glossary of Terms and Phrases

A financial dictionary or glossary is an essential tool to better understand the meaning of a specialized term or phrase. It would obviously make life much easier if everyone spoke the same language and used the same financial terms and phrases but that is not realistic.

We learn new languages to communicate with each other, transact business globally and to appreciate other cultures. Global finance is a specialized language that if understood and mastered, it will provide benefits that help to decrease risk and improve investment returns. Financial literacy is the foundation of developing good investment strategies and sound decision making.

Related Investment Terms

Treasury Bond (T-Bond)

Treasury Note (T-Note)

US Government Bond

View of NYC between the Brooklyn Bridge and Manhattan Bridge
New York, New York