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 periodicals archive ?
He added it may take them a month to find out if the tigress will have a baby.
2) Laparoscopic surgery is performed on the 2-year-old Bengal tigress.
The researchers did learn that a hunting tigress must often leave her cubs alone for several days.
It explores Livingstone's portrayal of a man's quest for synthesis with his animal nature in the poem, where a fantasy tigress represents the man's instinctual nature.
The illegitimate and unacknowledged daughter of the Canadian film industry (She Wolf of the SS is not technically a Canadian film), Ilsa eventually had her homecoming in the fourth and final sequel, 1977's Ilsa the Tigress of Siberia, in which Cinepix attempted to reclaim and update its notorious character.
These tigers -- T- 67 and T- 68, both aged four years, and cub of tigress T- 41 -- are missing for the past 18 months.
The female tigress released with the brothers has the name of Ilona.
A MAN-EATING tigress believed to have killed nine people was being hunted by forest rangers yesterday.
GAGA has revealed that while she's a tigress on stage, she turns more demure in the bedroom.
Conclusion Conditions even more contrasting than they are for Silver Tigress and the opposition potentially stronger, so has to be taken on.
Tigress (Angelina Jolie), Viper (Lucy Liu), Monkey (Jackie Chan), Mantis (Seth Rogen) and Crane (David Cross).
For a male character, he's sensitive, so it seems a very nice balance that Tigress is the harder one who learns to be more emotional.