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Treasury bond

noun [C]
 
 
/ˈtreʒ.ər.iˌbɒnd/ US  /-ɚ.iˌbɑːnd/

Definition

an official US document showing that someone has lent money to the US government that will be paid back after ten years and on which interest will be paid twice a yearFinancial investments and the stock marketBills and invoices
(Definition of Treasury bond noun from the Cambridge Advanced Learner's Dictionary & Thesaurus © Cambridge University Press)

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