TIGER

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TIGER

Treasury Investment Growth Receipt

A Treasury security whose coupons have been stripped by Merrill Lynch. TIGRs therefore pay no interest. They are sold at a significant discount from par and mature at par. TIGRs fluctuate in price, sometimes dramatically, because changes in interest rates have made them more or less desirable. TIGRs can be invested IRAs and other pension accounts; they are also exempt from state and local taxes. They were originally issued between 1982 and 1986, becoming more-or-less obsolete when the U.S. Treasury began issuing its own stripped bonds. They still exist, but are fairly uncommon investments. See also: zero-coupon bonds, STRIPS.

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References in periodicals archive ?
Nalwa, who was born in 1791 and died in 1837, was the Commander-in-chief of the Khalsa, the army of the Sikh Empire.
Suman Nalwa is in charge of the city's only police station dedicated to fighting crimes against women.
Using a phone line from a remote location, each user can independently choose what to display on a PC and then change this view as though with a simple turn of the head, storing the images as desired," Nalwa added.
Suman Nalwa, additional DCP, special cell for women and child, Nanakpura, agrees, " Men all over enjoy immunity when it comes to wife- beating.
Editor Nalwa (Stanford Scientific Corporation, California; formerly with Hitachi Research Laboratory, Japan) points out in the preface that the field crosses many disciplines of the life sciences, engineering, and medicine and requires an understanding of biological processes, including cell adhesion and cell interactions at biomaterial interfaces; structure/function relationships; biomaterials and their interactions; protein surfaces, cells, tissues, and organs; and artificial muscles and organs.
Tenders are invited for Repair To Jco Or Md Accn In Hudson Line Dbn Vihar Nalwa Road Jindan Road Including Fafa Qrs And Mes Mh Civilian Accn At Nalwa Road Ganga Road And Puran Road Under Age Br Ii East Of Ge E Jrc
The process is intimidating for them even if things are slowly changing," admits Suman Nalwa, additional DCP -- Special Police Unit ( Women and Child).
Nalwa, Handbook of Nanostructured Biomaterials and Their Applications in Nanobiotechnology, Vol.
While Jasma, a candidate of the Haryana Janhit Congress ( HJC), is in the fray from Nalwa, HJC president Bishnoi is contesting from Adampur.
Tenders are invited for Repair/Maint And Attending Complaint(Electrical Works) Day To Day For Certain Bldg New And Old Abdul Hammed Vihar, Nalwa Road Offr Qtrs Shejra Enclave Ajit Road, Fafa, Qtr, Rana Pratap Enclave,Zorawar Enclave, Manekshaw Vihar, Old Bi Line Offr Qtr, N
Tenders are invited for Construction of day shelter, public amenities and drinking water facility for Ranabad, Talod, Nalwa at Pachkoshi Marg distt Ujjain