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 classic literature ?
As for the lions, tigers, and wolves (though Circe would have restored them to their former shapes at his slightest word), Ulysses thought it advisable that they should remain as they now were, and thus give warning of their cruel dispositions, instead of going about under the guise of men, and pretending to human sympathies, while their hearts had the blood- thirstiness of wild beasts.
Only the First of the Tigers was not with us, for he was still hidden in the marshes of the North, and when word was brought to him of the Thing we had seen in the cave, he said.
At that instant Holmes sprang like a tiger on to the marksman's back, and hurled him flat upon his face.
Ay, and the sound would have brought Tiger Lily's redskins upon us.
And this is the Hungry Tiger, the terror of the jungle, who longs to devour fat babies but is prevented by his conscience from doing so.
To his amazement, if such a thing be possible in the mental processes of a tiger, the rear door to his cage was thrown open and left open.
Thus equipped, we felt upon more even terms with the tigers, but there was no sign of the tigers, and I decided that they must be confined to the mainland.
Out of your wild cats must tigers have evolved, and out of your poison- toads, crocodiles: for the good hunter shall have a good hunt!
Shere Khan was the tiger who lived near the Waingunga River, twenty miles away.
it seems we are going to hunt the tiger or the lion
Time and again the colossal bull tossed the enormous tiger high into the air, but each time that the huge cat touched the ground he returned to the encounter with apparently undiminished strength, and seemingly increased ire.
Sometimes half the horde would follow from overhead a tiger or lion that had ventured out in the daytime.