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The treasury bill was considered a cash instrument, easily sold at near par even during market stress.
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The treasury bill was considered a cash instrument, easily sold at near par even during market stress.
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Related words
cash instrument
Noun
Japanese Meaning
ほぼ額面どおりに取引される市場性の高い金融商品、つまり非常に流動性があり、預金や現金に近い性質を持つ金融資産である。
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