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Simple English definitions for legal terms

treasury bill

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A quick definition of treasury bill:

Term: Treasury Bill

Definition: A Treasury Bill is a type of investment that is issued by the U.S. government. It is considered to be one of the safest investments in the world because the government guarantees that you will get your money back. When you buy a Treasury Bill, you are essentially lending money to the government for a short period of time, usually a few weeks to a few months. In return, you will receive a small amount of interest. You can buy Treasury Bills by bidding at a government auction, using a bank, or buying them from someone else who already owns them. Treasury Bills are different from Treasury Notes and Treasury Bonds because they have shorter lending periods and lower interest rates.

A more thorough explanation:

Definition: A Treasury Bill, also known as a T-Bill, is a type of security issued by the U.S. federal government. It is a short-term investment that can be bought for as little as four weeks or up to a couple of months. Treasury bills are considered one of the safest investments in the world because they are backed by the U.S. government.

When you buy a Treasury Bill, you are essentially lending money to the government. In return, you receive interest payments and the face value of the bill when it matures. The interest rates on Treasury Bills are typically low, ranging from 0.03% to 0.075% in 2021, depending on the length of the maturity.

You can buy Treasury Bills in a few different ways. You can bid for them at a government auction, purchase them through a third-party like a bank, or buy already issued bills on the resale market.

Treasury Bills are one of three main securities issued by the U.S. federal government, with the other two being Treasury Notes and Treasury Bonds. However, Treasury Bills have the shortest maturity period and the lowest interest rates.

Let's say you have $1,000 that you want to invest in a safe and low-risk option. You decide to buy a Treasury Bill with a maturity period of four weeks. The interest rate on this bill is 0.03%, which means you will earn $0.30 in interest over the four weeks. When the bill matures, you will receive the face value of $1,000 back.

This example illustrates how Treasury Bills work as a short-term investment option with low interest rates but high safety and reliability.

Treasure trove | treasury bond

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windyMagician
22:20
all my bitches 13, call me jeffrey epstein
r from hls
which was expected given my low stats ofc
shaquilleoatmeal
22:21
windy !! i needed you earlier and you werent here lmao
still caught up on my deferral from nyu pls make me feel better about myself waiting feels like shit
shaquilleoatmeal
22:21
u ever call someone papacito ??
windyMagician
22:22
no unless they’re a literal child
shaquilleoatmeal
22:22
😧 well damn nvm then lmaoo
shaquilleoatmeal
22:23
youll be alright rabbit, you applied pretty recently so more decisions to come later on
is november considered late? i thought anything up till thanksgiving is still on the earlier side??
i'm just surprised nyu didn't straight up reject me given my stats
shaquilleoatmeal
22:25
no it is on the earlier side lol but you have to consider adcoms were out from dec 24 - jan 3rd so your apps realistically only been in for 4ish weeks
shaquilleoatmeal
22:26
looking at majority of your apps being end of nov not middle ^
windyMagician
22:27
crashing out rn
windyMagician
22:27
im never gonna have a husband
JumpySubsequentDolphin
22:28
same windy
windyMagician
22:30
no matter how hard i try i will never be serious relationship material
windyMagician
22:30
excluding my ex wasting two years of my life
CynicalOops
22:37
:(
@windyMagician: sometimes I think i'll never have a wife either
it be like that
c'est la vie
@curvy when did you apply to duke?
22:47
there is no such thing as “serious relationship material.” you’re a person and someone will love you for being that person and because they love you they want to be with you
bunny with the wisdom tonight
JumpySubsequentDolphin
22:54
@bunnynoise: this is so sweet youre so cute
22:59
should i write a 'why BU' or nah
23:00
i alr did a diversity statement but im debating a why BU. not sure if thatll affect their decision
jackfrost11770
23:05
BUNNY W THE WISDOM <3
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