Define Treasury bill. Treasury bill synonyms, Treasury bill pronunciation, Treasury bill translation, English dictionary definition of Treasury bill. n. A short-term obligation of the US Treasury having a maturity period of one year or less and sold at a
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The FED controls the money supply for the entire nation. It also manipulates interest rates through the buying and selling of bonds and by directly setting the Federal Overnight Funds Rate, the rate at which it charges private banks to borrow money from it in order to meet reserve requirement...
Related to Treasury bills:commercial paper,certificate of deposit,Treasury bonds Treasury bill n. A short-term obligation of the US Treasury having a maturity period of one year or less and sold at a discount from face value. American Heritage® Dictionary of the English Language, Fifth Edition...