Term of the Day - Bill
For Friday, December 19, 2008
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Term of the Day - Bill
A negotiable debt obligation issued by the U.S. government and backed by its full faith and credit, having a maturity of one year or less. Exempt from state and local taxes. also called T-Bill or U.S. Treasury Bill or Treasury Bill.
Paper currency.
An invoice of charges for products and services.
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Quote of the Day
In the search for companies to acquire, we adopt the same attitude one might find appropriate in looking for a spouse: it pays to be active, interested, and open minded, but it does not pay to be in a hurry. - Warren Buffett
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