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Treasury Bill

Legal definition for Indian law research

Definition

Treasury Bill, means a short-term debt security issued by the federal government, with a maturity of 13, 26 or 52 weeks, Black's Law Dictionary, 7th Edn., p. 1507.

Treasury Bills are bills issued by the Treasury payable not later than twelve months after date. (English) Treasury Bills Act, 1877. See FUNDS; EXCHEQUER BILLS.

Definitions are for legal research. Always verify meaning in the context of the statute, judgment, or jurisdiction cited.

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