tax anticipation bill
Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Encyclopedia, Wikipedia.
Related to tax anticipation bill: Tax Anticipation Notes
Tax Anticipation Bill
tax anticipation bill (TAB)
A short-term U.S. Treasury obligation that is issued at a discount and that may be used at face value upon maturity or a few days before to pay a federal tax obligation. These securities appeal primarily to corporations and relatively large investors with significant tax obligations.