Examlex
Discuss the consequences of eliminating the privity requirement.
T-Bill Quote
The price or interest rate expressed for a Treasury bill; often quoted in terms of discount from face value.
Face Value
The nominal or dollar value printed on a bond or stock certificate; for bonds, it's the amount repaid to the holder at maturity, and for stocks, it is the original cost of the stock.
Bid
An offer made by an investor, trader, or dealer to buy a security, commodity, or currency.
Treasury Bills
Treasury Bills (T-Bills) are short-term U.S. government debt obligations with a maturity of one year or less, considered a safe investment due to government backing.
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