Treasury Bill

A non-interestThis is the amount that is imposed when payment is remitted after the due date.-bearingThe cardinal direction (North, South, East, West) of a line; e.g., North 50 degrees, 30 minutes West. obligationLegal reservation of funds based on known requirements (a contract, for example), or an a realistic estimate of costs., fully guaranteed by the United States Government, payable to the bearerThe person actually holding a legal instrument, such as a check, payable to "bearer" or endorsed in blank.. Bills are sold on a discountTo sell a promissory note before maturity at a price less than the outstanding principal balance of basisThe total amount paid for a property, including equity capital and the amount of debt incurred. For so that the yieldThe return on an investor's capital investment. is the difference between the purchase priceThe amount the borrower paid to purchase a home. and the face valueThe principal amount of a bond (a debt instrument issued by a government, municipality or corporation). thereof.

Treasury Bill

Short-termThe time period by the end of which a debt must be fully repaid. Also refers to the maturity period, highly liquid government securitiesFinancial forms that shows the holder owns a share or shares of a company (stocks) or has loaned money issued at a discountTo sell a promissory note before maturity at a price less than the outstanding principal balance of from the face valueThe principal amount of a bond (a debt instrument issued by a government, municipality or corporation). and returning the face amountThis is the death benefit stated on the first page of a life insurance policy.Page 9 at maturityThe time when a note, bond or other investment option comes due for payment to investors..