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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 ?
Direct Reimbursement benefits are determined by a maximum dollar limit or percentage thereof per year.
According to TASC Chief Executive Officer Daniel Rashke, offering DirectPay Direct Reimbursement as a dental benefit fits TASC's overall philosophy.
The STEP grant program provides direct reimbursements to qualified companies with 500 or fewer employees globally for export-related activities, ranging from foreign market research to international trade missions.
Concur's end- to-end solutions seamlessly unite online travel booking with automated expense claims, streamline meeting management and optimize the process of managing vendor invoices, employee check requests and direct reimbursements.
Concur's end- to-end solutions seamlessly unite online travel booking with automated expense reporting, streamline meeting management and optimize the process of managing vendor payments, employee check requests and direct reimbursements.
Founded in 1990, ABC has provided our clients over $200 million in documented savings for voice, data, video, and wireless costs, with much of those savings in direct reimbursements, immediately impacting the bottom line.
Concur's end-to-end solutions seamlessly unite online travel booking with automated expense claims, streamline meeting management and optimize the process of managing vendor invoices, employee check requests and direct reimbursements.