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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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CynicalOops
16:09
No one cares about me the way western new england cares about me
shaquilleoatmeal
17:16
gulc sending me a "Thank you for your continuing patience" almost has me shitting myself like the dude who hiked Acatanengo volcano
18:09
i’m wishing you guys happy holidays in a more sincere and genuine and heartfelt way than any of the law schools and also giving u a little kiss on the cheek
18:10
just btw
shaquilleoatmeal
18:15
😚
1a2b3c4d26z
18:25
Hi everyone
1a2b3c4d26z
18:26
Only a few more hours til work is over then I'm off for the rest of the week
Dkk
18:48
@shaquilleoatmeal: man GULC didn't even send me that lol.
Dkk
18:53
@cheriebomb: thank you. Merry Christmas and happy Hannukka.
Dkk
18:54
Hanukka*
Dkk
18:54
And Happy Ramadan and Kwanza
Dkk
18:55
Aww Ramadan ain't till February. Never mind.
CynicalOops
19:00
Chanukka
shaquilleoatmeal
19:20
@Dkk: when did u apply? seems to be late oct apps who got the email, some interview some who have not
19:58
when u nut but she keep suckin
Dkk
19:59
@shaquilleoatmeal: October 31st!
Dkk
20:00
I probably applied peak middle of the cycle so they just have not gotten to me.
20:04
Well It's 5 PST so I guess we wont hear from any schools until the new year
shaquilleoatmeal
20:11
ah thats exactly when my app when complete and it seemed like right after that they stopped doing interview invited up until last week
shaquilleoatmeal
20:11
went complete *
shaquilleoatmeal
20:12
theyll get to ya bud, feel like this email was their way of tellin me to stop tweakin, mustve seen me on here everyday beginnin for a gulc a lol
20:14
They are probably watching to see how many time you clock the status checker
Dkk
20:29
@shaquilleoatmeal: I got a christmas card from william and mary so I am happy about that.
Dkk
20:29
@shaquilleoatmeal: Indeed, I just hope GULC likes the video I sent them.
shaquilleoatmeal
20:35
lmao yea i check the status checker 1-2x a week, would be more if i didnt know ad coms can see how often you check
20:40
Idk I don't see why it would affect admissions just bc you check a status checker provided to you
shaquilleoatmeal
20:48
dont think it does unless youre hittin a ridiculous amount per hour, then it shows you have an issue. Im sure theres people out there who do since mich has a 30 min max in 1 hour limit, cant imagine that existed before someone exceeded it
21:02
Yeah Fair point
21:08
lol adcomms be mining salt and clicks. if they were smart they would run a wall of ads on their status checker to generate revenue from necrosis. maybe i should pitch them the idea?
21:09
*neurosis
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