Treasury Bills, or Tâ€“Bills, are short term securities with maturities of up to one year. They are issued by the U.S. Government at a discount from face value. The price is quoted in yield, not dollars. At maturity, Tâ€“Bills are redeemed for full face value. Tâ€“bills are issued in three month, six month and 1 year maturities and are backed by the full faith and credit of the U.S. Government.
Commonly called a bill or T-bill. A Treasury bill is a short-term government security sold through competitive bidding at weekly and monthly auctions in denominations from $10,000 to $1 million. T-bills mature in less than one year, are the most widely used of all government debt securities and are a primary instrument of Federal Reserve monetary policy.
A short-term U.S. government debt instrument with an original maturity of one year or less. Bills are sold at a discount from par with the interest earned being the difference between the face value received at maturity and the price paid.
A short-term investment, which matures in one year or less, in the U.S. government. A buyer lends the government money by purchasing a Treasury Bill. The bill has a 'face value,' which tells the investor how much the bill will be worth when it matures. The buyer pays less than face value, then holds the investment while he earns interest on it. The U.S. Treasury department issues Treasury Bills, Treasury Notes, and Treasury Bonds to raise the money for federal government operations and to pay off other debts.
The shortest-term instrument issued by the federal government. The maturities of these discounted issues do not exceed one year at issuance, with three-month (90-day) or six-month (180-day) paper being very common.