Definition of Treasury Note (T-Note)
What is a Treasury Note (T-Note)
A Treasury note (T-note) is an intermediate-term US government debt-obligation with maturities of between 2 years and 10 years. A T-note has a coupon or interest payment that is paid semi-annually to the owner until maturity, at which point the owner will also be paid the face value of the T-note.
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.