Treasury Investment Growth Receipt

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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 ?
Companies using TIGR can store data in a common database, which enables easier analysis, collaboration, and information-sharing.
The TIGR interactive patient education system was developed to target and deliver customized patient education at the bedside through health videos that target the patient's specific illness, medical condition, or recovery need.
This is the longest preclinical evidence ever published on surgical mesh, and it reveals key differences in outcome when comparing TIGR Matrix to a permanent mesh.
We are pleased to highlight the fact that TIGR Matrix Surgical Mesh is a viable alternative to permanent synthetic mesh on both a physiological treatment level and a budgetary level when used by physicians performing surgeries that reinforce soft tissue where weakness exists," said Thomas Engstrom, Founder and CEO of Novus Scientific.
TeleHealth will be providing Sentara with a robust service package that will include an enterprise TIGR deployment across its whole health system.
Bult of TIGR, Venter, Woese, and their colleagues in the Aug.
A Pilot Study, Evaluating Efficacy of TIGR Matrix Surgical Mesh, Used in Elective Open Inguinal Hernia Repair, Charles F.
HGS provided TIGR with a $70 million, 10-year grant in return for exclusive worldwide rights to information and materials TIGR produces.
Ltd today announced that it will be exhibiting at EHS 2011 in Ghent, Belgium ahead of receiving its anticipated CE Mark approval this year for TIGR Matrix Surgical Mesh, the World's 1st Long-Term Resorbable Synthetic Mesh.
May 3, 2011 /PRNewswire/ -- TeleHealth Services, the nation's leading provider of healthcare televisions and interactive patient education solutions, today announced they will be introducing enhanced graphic capabilities in their industry-leading TIGR interactive patient education system.
The TeleHealth TIGR system's reporting features will aid the critical-access facility in its goal of achieving a paperless environment.
The TIGR V7 interactive patient education system is a full turnkey solution that has already made a large impact on enhancing the patient experience, as well as streamlining our clinical workflows.