Legal Dictionary of Pakistan
Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.
Treasury bill
A short-term debt security issued by the federal government, with a maturity of 13, 26, or 52 weeks. ( These bills - auctioned weekly or quarterly - pay interest in the form of the difference between their discounted purchase price and their par value at maturity. -Abbr. T-bill.