Definition
A negotiable debt obligation issued by the U.S. government and backed by its full faith and credit, having a maturity of one year or less. Exempt from state and local taxes. also called Bill or T-Bill or U.S. Treasury Bill.
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'Treasury Bill' appears in the definitions of these other terms on BusinessDictionary.com: secondary reserves, treasury note (T-note), adjustable rate preferred (ARP) stock, treasury bond (T-bond), discount house, and 
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