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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 ?
You soon can be sending a direct mail product that is as good as--or even better than--the ones that turn your head today.
Direct mail also accommodates situations in which there is a need to increase census, payer mix, and / or referral activity.
Plan administrators will be responsible for providing notification to participants of the direct rollover rules and the mandatory withholding requirements.
investments abroad, both direct and portfolio, are substantially higher than the rates on foreign investments in the United States.
63 identifies the types of legal requirements that may have a direct effect on the entity's financial statements.
We are extremely pleased with the significant progress made by HSBC Direct and we remain committed to the online channel," said Newman.
Hence, direct stock-purchase plans are nicknamed ``Super-DRIPs.
Direct Mail Response Rates Significantly Higher Among Hispanics
Direct General Corporation, headquartered in Nashville, Tennessee, is a financial services holding company whose principal operating subsidiaries provide non-standard personal automobile insurance, term life insurance, premium finance and other consumer products and services through neighborhood sales offices staffed primarily by employee-agents.
Go Direct, a national campaign aimed at increasing direct deposit use among existing Social Security recipients, works with national and local partners across the country to convert check payments to direct deposit.
In addition, ING DIRECT Orange Ambassadors will pump the free gas, wash windshields and distribute information on ING DIRECT's Orange Savings Account, which pays nearly eight times the national average of traditional accounts.
ING DIRECT, the nation's largest direct bank known for its signature high-interest product, the Orange Savings Account, announced today the addition of six new mutual funds to its existing investment portfolio by its affiliate ING DIRECT Securities, Inc.

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