Treasury bill
A loan to the U.S. Treasury, typically with a maturity date of three or six months. Often called a T-Bill.
Category: Banking & Finance
Previous: ← Time deposit
Next: Intermediate Products →
More from this Section
- Convertible currency
Convertible currency refers to a currency that can be exchanged freely for any other currency ... - Accrual Basis
Accrual basis is in the context of accounting, practice in which expenses and income are ... - Right of offset
Right of offset is the legal authority of a bank that has extended a loan to one of its ... - Tax benefits
Tax benefits is the ways to save on a bank’s tax obligation by investing in tax-deductible ... - Anticipated Income Theory
Anticipated income theory developed in 1945 by H. V Prochnow and presented on his book ...