TIGER


Also found in: Dictionary, Thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia.
Related to TIGER: Tiger Woods

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.

.
References in classic literature ?
Soon they came to the Cowardly Lion and the Hungry Tiger to whom the girl introduced the Yellow Hen.
"Your present appearance makes my mouth water," said the Tiger, looking at Billina greedily.
Sometimes it falls in the dry summer and sometimes in the wet rains--this one Night of the Tiger. But for the First of the Tigers, this would never have been, nor would any of us have known fear."
"Then the First of the Tigers answered, 'I am content'; but when next he drank he saw the black stripes upon his flank and his side, and he remembered the name that the Hairless One had given him, and he was angry.
The biggest of the tigers came up to the Lion and bowed, saying:
Half concealed behind their screening foliage I saw the yellow and black of a big tiger, and, as I looked, the beast stalked majestically toward us.
I knew that it was practically beyond reason to imagine that tigers had crossed the mountain ranges and rivers and all the great continent of Europe to travel this far from their native lairs, and entirely impossible that they should have crossed the English Channel at all.
And wrath, and ferocity, and intent to destroy, passed out utterly from the tiger's inflamed brain, until he knew fear, again and again, always fear and only fear, utter and abject fear, of this human mite who searched him with such pain.
Since he could not compel the tiger directly to sit in the chair, he must employ other means.
"He's a vegetarian," remarked the Tiger, as the horse began to munch the clover.
She hugged both the Lion and the Tiger with eager delight, but seemed to love the King of Beasts a little better than she did his hungry friend, having known him longer.
The purr grew louder, and ended in the full-throated "Aaarh!" of the tiger's charge.