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Simple English definitions for legal terms

T-BILL

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A quick definition of T-BILL:

Term: T-Bill

Definition: A T-Bill, also known as a Treasury Bill, is a type of investment that the government offers to people. When you buy a T-Bill, you are lending money to the government for a short period of time, usually less than a year. In return, the government pays you back with interest. T-Bills are considered a safe investment because they are backed by the government.

A more thorough explanation:

T-BILL

A T-Bill, also known as a Treasury Bill, is a short-term debt security issued by the United States government. It is a way for the government to borrow money from the public to finance its operations and pay off its debts. T-Bills are considered to be one of the safest investments because they are backed by the full faith and credit of the U.S. government.

For example, if you buy a T-Bill with a face value of $1,000 and a maturity date of 90 days, you will pay less than $1,000 for it. When the T-Bill matures, the government will pay you the full face value of $1,000. The difference between the purchase price and the face value is the interest earned on the investment.

Another example is if a bank needs to borrow money to meet its reserve requirements, it can buy T-Bills from the government. The bank can then use the T-Bills as collateral to borrow money from the Federal Reserve at a lower interest rate.

The examples illustrate how T-Bills work. When you buy a T-Bill, you are essentially lending money to the government. The government pays you back the full amount when the T-Bill matures, plus interest. Banks can also use T-Bills as collateral to borrow money from the Federal Reserve. This makes T-Bills a safe and reliable investment option for individuals and institutions alike.

TBC | T-BOND

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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