👉 Treasury notes, also known as Treasury bills or Treasury bills, are securities issued by governments to raise funds for government projects and programs. These securities are typically sold in a public auction where they are priced at their face value, which is the amount of money they represent. In the United States, treasury notes are issued by the Federal Reserve Bank of Washington (FRB) and are listed on the New York Stock Exchange under the symbol "TRE." These notes have an interest rate that varies based
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What is the definition of Treasuries? 🙋
👉 The word "treasuries" is a slang term that means precious and scarce resources or assets. It's like saying you have a lot of money, but you don't have enough to buy everything you need.
Now let me give you an example: You're trying to save up for your wedding and want the perfect ring. You find some jewelry that's made from a rare metal called "treasuries." You tell your friend, "I found this ring made out of precious metals like treasuries!" And voila! Your friend looks at you in disbelief and says, "Wow, that's impressive! But it might not be the best choice for your wedding. A lot of people who wear jewelry with rare metal are already rich."
