Treasury note

or treasury note

noun

a note or bill issued by the U.S. Department of the Treasury, receivable as legal tender for all debts except as otherwise expressly provided.

Origin of Treasury note

First recorded in 1750–60

British Dictionary definitions for treasury note

treasury note

noun

(a note issued by a government treasury and generally receivable as legal tender for any debt, esp)
  1. a medium-term interest-bearing obligation issued by the US Treasury, maturing in from one to five years
  2. Also called: currency note a note issued by the British Treasury in 1914 to the value of £1 or ten shillings: amalgamated with banknotes in 1928