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Treasury certificate

or treasury certificate

noun

  1. an obligation of the U.S. government represented by certificates in denominations ranging from $1000 to $1,000,000, maturing in one year or less with interest periodically payable by the redemption of coupons.

treasury certificate

noun

  1. a short-term obligation issued by the US Treasury, maturing in 12 months with interest payable by coupon redemption

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Word History and Origins

Origin of Treasury certificate1

First recorded in 1785–95

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Treasury bondTreasury note

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