term bill

More useful are term bills where a period of credit is allowed.

Students now fund the Targum directly through a refundable fee on their term bills.

They want to maximise their gains and minimise exposure to exchange rate risk, by investing in the short term bills.'

Other pawn brokers cite short term bills or home alterations as typical reasons for high net worth clients to use their services.

One candidate questioned the term Bills of Lading and wondered if it had anything to do with a Seaway Bill!

A tender of short term bills, aimed at taking cash out of the system to keep the cash settlement level in balance, drew no takers for NZ$700 million worth of 83 day bills.

Christophe Frankel, the EFSF’s chief financial officer, said the fund was prepared to offer short term bills to raise money quickly and said such an offering was likely before the end of the year.

Republicans have generally been loath to pass short-term bills — they balked loudly at a short-term pay roll tax holiday measure last year, citing uncertainty that short terms bills sow — but made an exception in this case.

But the possibility the central bank might resume issuance of 3-year bills, on top of other short term bills it issues, suggested it might opt for open market operations rather than outright rate rises or higher reserve requirements to manage monetary conditions, analysts said.