T-bills
Short-term federal debt
T-bills are short-term government securities issued by the U.S.
Treasury, maturing in one year or less.
They're sold at a discount and redeemed at face value—the difference is the investor's return.
Considered among the safest investments, T-bills serve as a benchmark for low-risk yields: Money market funds invest heavily in T-bills.
Short for Treasury bills.
Of limited duration
- risk-freeHaving no downside
- maturityFull growth achieved
- yieldProduce or relinquish
- discountReduced price offered
face-value · liquidity · portfolio · fixed-income · return · principal · auction · money-market
Standard for comparison
- deflationSustained decrease in prices
- tighteningMaking less loose
- stimulusWhat prompts a reaction
Transaction intermediary for hire
- bidOffer to purchase
- askSeek an answer
- spreadTo distribute widely
- settlementResolved dispute or colony
quote · redemption · clearing · institutional · custodian · brokerage · commission · order
short-term
Of limited duration
discount · face-value · liquidity · portfolio · fixed-income · return · principal · auction · money-market · diversification
benchmark
Standard for comparison
- deflationSustained decrease in prices
- tighteningMaking less loose
- stimulusWhat prompts a reaction
broker
Transaction intermediary for hire
settlement · quote · redemption · clearing · institutional · custodian · brokerage · commission · order
- investmentsbonds, stocks, securities, investment, equities
- securitiessecurities, shares, equities, bonds, stocks
- financial instrumentspromissory notes, check, bond fund, cheque, checks
- fixed incomebonds, treasuries, CDs, treasury bonds, corporate bonds
- public debtnational debt, sovereign debt, federal debt, public debt, government bonds
- Money Marketsmoney market, money market funds, LIBOR, repo, repos
T-billsjunk bonds
Low-rated corporate securities
penny stocks · derivatives · options · futures · cryptocurrency
T-billsgrowth stocks
Shares expected to appreciate
venture capital · private equity · cryptocurrency · real estate development