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 ?
The lead photo shows the magazine base plate with the same tiger stripe finish as the rest of the gun, but Magnum Research indicates that current production guns will come with magazines with black base plates regardless of finish.
0 ounces, HANDLE: Tiger Stripe G10, CARRY: Black leather sheath.
The Strider M2 knife is hand stamped with the SureFire logo, has a clip point and features the patented Tiger Stripe finish.
We make something we call Tiger Stripe ice cream,'' says food science professor Robert T.
Sanderson tiger stripe Oxford double duvet cover, PS65, and pillowcases, PS15 each, both Isme I've never been to The Hamptons - where the rich and famous of New York have their seaside homes - but I've seen it enough times in the movies to know that it is on my 'to do' list.
Additional high-resolution spectrometer maps of one end of the tiger stripes Alexandria Sulcus and Cairo Sulcus reveal never-before-seen warm fractures that branch off like split ends from the main tiger stripe trenches.
At Troon in 1997, Nicola Moffat was in tiger stripe body paint and not much else where she stripped off her dress and skipped around the 18th green.
A new map that combines heat data with visible-light images shows a 40-kilometer (25-mile) segment of the longest tiger stripe, known as Baghdad Sulcus.
Table dancer Yvonne Robb stripped off at Carnoustie last year, and at Troon 1997 Nicola Moffat was in tiger stripe body paint and not much else.
Animal prints and fun fake furs are featuring everywhere this season, and this circular tiger stripe vanity case by Vincent Longo makes the ideal winter accessory because it also doubles up as a funky party handbag.
To do this, Keller tamed wild prints like tiger stripes, lightning bolts and degrade spots from Givenchy's Autumn-Winter 1961 haute couture and joined them with the iconic 'lips' emblem from the 1979 Autumn-Winter series.
jane,79 The actress is clearly feline good in tiger stripes