Usually means: Government debt instruments for short-term.
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We found 5 dictionaries that define the word exchequer bills:

General (5 matching dictionaries)
  1. exchequer bills: Merriam-Webster
  2. exchequer bills: Wordnik
  3. exchequer bills: Wiktionary
  4. exchequer bills: FreeDictionary.org
  5. Exchequer bills: TheFreeDictionary.com

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