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Insurance Definition: TREASURY SECURITIES

By Compuquotes Team on March 27th, 2008

TREASURY SECURITIES:

Definition:

  • Interest-bearing obligations of the U.S. government issued by the Treasury as a means of borrowing money to meet government expenditures not covered by tax revenues. Marketable Treasury securities fall into three categories - bills, notes and bonds. Marketable Treasury obligations are currently issued in book entry form only; that is, the purchaser receives a statement, rather than an engraved certificate.

Information provided by Insurance Information Institute

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