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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 ?
The Birdcage: An American remake of "La Cage aux Folles," with Robin Williams and Nathan Lane as the gay couple trying to impress their son's uptight future in-laws (Gene Hackman and Dianne Wiest) Mike Nichols ("The Graduate," "Wolf") directs.
Paul Mazursky ("Down and Out in Beverly Hills") directs, and Ryan O'Neal plays the treacherous husband.
Nasdaq(R): SCAI), today announced it is processing the phone and Internet bank accounts for ING DIRECT USA, the Wilmington, Del.
Through call center and Web servicing capabilities, ING DIRECT USA markets a money market demand account with attractive, high-yielding rates, an innovative line of credit product and competitively priced certificates of deposit (CDs).
Now, with our Planet Direct partnership, we can extend the value we provide to our viewers with an information resource that's both useful, personally relevant and easy-to-use.
Planet Direct brings together the best of the Web and offers the functionality consumers have come to expect of an online service.
Planet Direct is advertising sponsored by a growing cast of companies such as American Express, Black and Decker, and Travel Web.
Planet Direct members will have access to key ZDNet content channels, such as The ZDNet Software Library, NetBuyer, and ZDNet University.
Planet Direct is a wholly owned subsidiary company of CMG Information Services (NASDAQ: CMGI), a direct marketing services provider investing in and integrating advanced Internet, interactive media and database management technologies into products and services to take full advantage of the direct marketing opportunities afforded by new online, interactive media.
Editor's Note: Planet Direct recently embarked on a pre-announcement tour of Internet market analysts to brief each on the service and the company's strategy.
14, 1997--Planet Direct, a Web-based consumer information service set to launch early next month, announced today that one of America's biggest and best known Internet Service Providers -- Erol's Internet -- will co-brand its service, giving Erol's 165,000+ subscribers customized news and information based on where they live.
With this move, Erol's will have assembled a formidable online service that offers superior Internet access, low connection rates, 24-hour customer service, as well as locally oriented content that Erol's will leverage in partnership with Planet Direct.