Treasury obligations

Definitions of Treasury obligations

1. noun

   negotiable debt obligations of the United States government which guarantees that interest and principal payments will be paid on time
   synonyms: Treasury

   types:

   T-bill, Treasury bill

   a short-term obligation that is not interest-bearing (it is purchased at a discount); can be traded on a discount basis for 91 days

   Treasury bond

   a debt instrument with maturities of 10 years or longer

   Treasury note

   securities with maturities of 1 to 10 years; sold for cash or in exchange for maturing issues or at auction

   type of:

   government bond

   a bond that is an IOU of the United States Treasury; considered the safest security in the investment world