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Direct

Informal for a debt security issued by the United States government, as opposed to one of its agencies. Perhaps the most prominent example of a direct security is a U.S. Treasury security. Direct securities are considered risk-free because they are guaranteed by the full faith and credit of the United States government.

direct (federal) government obligation

A debt that is backed by the full taxing power of the U.S. government. Direct obligations include Treasury bills, Treasury bonds, and U.S. savings bonds. These investments are generally considered to be of the very highest quality. See also federal agency security.
References in periodicals archive ?
Inflows of foreign direct investment into the United States reached a record high of $60 billion, exceeding slightly the high level of the previous year.
The envelope should alert your clients and prospects to something in the direct mail package they can use, such as an offer for a free service or seminar.
Direct mail recipients are more likely to read and respond to messages received through the mail than they are to other forms of paid advertising because there is generally less advertising clutter in direct mail.
Most plan participants would be wise to take advantage of the requirement that plans offer direct rollovers.
Despite the fact that the government has reported a negative national personal savings rate for more than a year and a half, a recent HSBC Direct Savings Survey found that a significant number of people are actually committed to saving.
These regulations have a direct effect on the financial statements of a state or local government unit because they have a direct effect on the amount of revenue recognized on the entity's investments and the amount of the liability owed to the federal government.
Gaining access to the new FedLine Direct access solution is a significant step in the advancement of the services we offer to our clients," said David Selina, senior vice president and general manager of XRoads and wireXchange.
Investors can buy stock directly from companies through both DRIPs and direct purchase plans.
In connection with the proposed merger, Direct General Corporation has filed a preliminary proxy statement with the Securities and Exchange Commission.
Boomers gearing up for retirement urged to use direct deposit
At ING DIRECT, our goal is to make it simple for Atlantans to save and manage their money," said Arkadi Kuhlmann, CEO and president, ING DIRECT.
Always on the cutting edge, ING DIRECT consistently develops simple financial products that create value to the consumer.

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