Treasury Note (noun) Definition, Meaning & Examples

noun
  1. a note or bill issued by the U.S. Department of the Treasury, receivable as legal tender for all debts except as otherwise expressly provided.
noun
  1. (a note issued by a government treasury and generally receivable as legal tender for any debt, esp)
    • a medium-term interest-bearing obligation issued by the US Treasury, maturing in from one to five years
    • a note issued by the British Treasury in 1914 to the value of £1 or ten shillings: amalgamated with banknotes in 1928
Treasury Note (noun) Definition, Meaning & Examples

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