Treasury Notes - Law Dictionary Search Results
Home Dictionary Name: treasury notes Page 1 of about 17 results (0.004 seconds)Treasury Notes
Treasury Notes, the popular name of bank notes which were substituted for currency notes, see that title and CURRENCY, and Bank Notes Acts, 1914 and 1928....
Treasury note
Treasury note see note ...
note
note 1 a : a written promise to pay a debt ;specif : promissory note in this entry bank note : a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money cog·no·vit note [kÄ g-nō-vit-, kōg-] : a note in which the maker acknowledges the debt and authorizes the entry of judgment against him or her without notice or a hearing : a note containing a confession of judgment collateral note : a note secured esp. by a collateral mortgage and pledged to secure an obligation of which a hand note usually serves as evidence demand note : a note payable on demand compare time note in this entry floating rate note : a negotiable note that yields an indexed and periodically adjusted variable rate of interest called also floater hand note : a note for an obligation secured by a collateral note non-recourse note : a note whose satisfaction upon default may be obtained only out of the collateral securing it promisso...
bill
bill 1 : a draft of a law presented to a legislature for enactment ;also : the law itself [the GI ] ap·pro·pri·a·tions bill [ə-prō-prē-ā-shənz-] : a bill providing money for government expenses and programs NOTE: Appropriations bills originate in the House of Representatives. bill of attainder 1 : a legislative act formerly permitted that attainted a person and imposed a sentence of death without benefit of a judicial trial see also attainder compare bill of pains and penalties in this entry 2 : a legislative act that imposes any punishment on a named or implied individual or group without a trial NOTE: Bills of attainder are prohibited by Article I of the U.S. Constitution. bill of pains and penalties : a legislative act formerly permitted that imposed a punishment less severe than death without benefit of a judicial trial compare bill of attainder in this entry NOTE: The term bill of attainder is often used to include bills of p...
bond
bond 1 a : a usually formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure to perform or abstain will obligate the person or often a surety to pay a sum of money or will result in the forfeiture of money put up by the person or surety ;also : the money put up NOTE: The purpose of a bond is to provide an incentive for the fulfillment of an obligation. It also provides reassurance that the obligation will be fulfilled and that compensation is available if it is not fulfilled. In most cases a surety is involved, and the bond makes the surety responsible for the consequences of the obligated person's behavior. Some bonds, such as fidelity bonds, function as insurance agreements, in which the surety promises to pay for financial loss caused by the bad behavior of an obligated person or by some contingency over w...
Paper Money
Paper Money, bank notes, bills of exchange, and promissory notes. On the outbreak of the war with Germany in August, 1914, the government issued currency notes for 1l. and 10s. respectively to a considerable amount. The first issued were soon called in, others of better design and less easy to imitate being substituted. Currency notes were commonly called 'Treasury notes,' and were legal tender for the payment of any amount. See (English) Currency and Bank Notes Act, 1914 (4 & 5 Geo. 5, c. 14), and (the Amendment Act), c. 72. These (English) Acts have been repealed (except penal and formal provisions) by the (English) Currency and Bank Notes Act, 1928 (18 & 19 Geo. 5, c. 13), which authorizes the Bank of England to issue Bank notes for 1l. and 10s., payable only at the head office in London but to be legal tender in Scotland and Northern Ireland for any amount, as the 1914 currency notes are to be deemed bank notes....
T-note
T-note : treasury note at note ...
Seven thirties
A name given to three several issues of United States Treasury notes made during the Civil War in denominations of 50 and over bearing interest at the rate of seven and three tenths thirty hundredths per cent annually Within a few years they were all redeemed or funded...
dollar bill
A paper note printed by the Treasury or by one of the Federal Reserve Banks under authority of the treasury having the value of one dollar Also five dollar bill ten dollar bill etc notes with the value of five ten etc dollars Prior to 1964 such notes could be redeemed for the equivalent dollar value in silver coins but in that year the backing of the currency with silver was discontinued Such notes not convertible into precious metals at a fixed rate are called fiat money receiving their value solely from the good faith of the issuing government and the confidence of those using the currency...
treasury
treasury pl: -sur·ies 1 a : a place in which stores of wealth are kept b : the place of deposit and disbursement of collected funds ;esp : one where public revenues are deposited, kept, and disbursed c : funds kept in such a depository 2 cap a : a governmental department in charge of finances and esp. the collection, management, and expenditure of public revenues b : the building in which the business of such a governmental department is transacted 3 cap : a government security (as a note or bill) issued by the Treasury ...
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