| Word |
Treasury bill
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| Punjabi Meaning | ਖਜ਼ਾਨਾ ਬਿੱਲ
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| a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days / a short-term obligation that is not interest-bearing (it is purchased at a discount) / a short-dated government security, yielding no interest but issued at a discount on its redemption price., | |
| Usage | ⇒ Today, there is a widely-held perception that the U.S. government is the safest credit risk on the planet - heck, mathematical economists even deem the yield on a U.S. Treasury bill to be the ‘risk- |
| Synonyms | T-bill, draft, acceptance, bill, blank check, certificate, certificate of deposit, check, checkbook, debenture, demand draft, draught, draughtsman, draughty, letter of credit, money order, negotiable instrument, note, paper, portfolio, |
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