T-Bill

Also called Treasury Bills, they are short-term debt securities issued by the US government. Maturities are usually a year or less and typically run 13, 26 and 52 weeks. Trading in the secondary market, the price of T-Bills rises when interest rates fall and vice-versa.

Source: http://www.stockcharts.com/education/GlossaryT.html 

April 7th, 2014 by Eric

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