Treasury Bill
A short-term debt instrument issued by the government to finance its budget. Treasury bills has usually no coupon attached to it. |
Similar financial terms
Treasury sectorSecurities issued by the U.S. government. Includes Treasury bills, notes and bonds. The U.S. Treasury is the largest issuer of securities in the world. This sector plays a key role in the valuation of securities and the determination of interest rates throughout the world.
Treasury Bond
A long-term debt instrument issued by the government to finance its budget. Treasury Bond coupons are usually paid semi-annually in the US and annually in the UK.
Treasury Bills
Treasury Bills refers to very short term debt instruments issued by the Bank of England on behalf of the UK Government. They are negotiable, bearer, zero-coupon debt instruments. The maturity of T-Bills ranges from one month (approx. 28 days), 3 months (approx 91 days), 6 months (approx. 182 days) to 12 months (up to 364 days). The minimum face value (since October 2001) is £25,000. T-Bills are widely considered to be risk-free.
U.S. Treasury note
U.S. government debt with a maturity of one to 10 years.
U.S. Treasury bond
U.S. government debt with a maturity of more than 10 years.
U.S. Treasury bill
U.S. government debt with a maturity of less than a year.
Treasury stock
Common stock that has been repurchased by the company and held in the company's treasury.
Treasury securities
Securities issued by the U.S. Department of the Treasury.
Statement billing
Billing method in which the sales for a period such as a month (for which a customer also receives invoices) are collected into a single statement and the customer must pay all of the invoices represented on the statement.
Bill of Materials (BOM)
A BOM is a list of specifications that uniquely defines manufacturing sequence, materials, and procedures utilized in the manufacture of a specific product .
Bill of exchange
General term for a document demanding payment.
Bill of lading
A contract between the exporter and a transportation company in which the latter agrees to transport the goods under specified conditions which limit its liability. It is the exporter's receipt for the goods as well as proof that goods have been or will be received.
Cash management bill
Very short maturity bills that the Treasury occasionally sells because its cash balances are down and it needs money for a few days.
Waybill
A document (that looks like a bill of lading) issued by a carrier that describes the goods to be transported and that details the shipping particulars. Waybills are issued by both air carriers (air waybills) and ship lines (sea waybills). They merely indicate that the stated goods were received by the carrier for transport, they do not convey title.
