TIPS

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Related to Transjugular intrahepatic portosystemic shunt: Distal splenorenal shunt

TIPS

Tip

1. Information on a security, company, or anything else provided by one investor or trader to another that is not available to the general public, that can produce significant profits if it proves to be accurate. See also: Inside information.

2. See: Gratuity.

Treasury Inflation-Protected Security

A U.S. Treasury security that protects the bondholder from inflation. Most Treasury securities, like most fixed dollar obligations, pay a fixed coupon rate periodically and mature at par. While this carries low risk, it exposes investors to the possibility that the inflation rate will outpace the interest rate represented on the coupon. In order to protect against this, a Treasury Inflation-Protected Security automatically increases its principal according to the inflation rate as tracked by the Consumer Price Index. Thus, while the coupon rate does not increase, the dollar amount paid does. Because TIPS are so safe, they offer a very low rate of return. See also: Real Return Bond.

TIPS

Inflation-protected security (TIPS).

US Treasury inflation-protected securities (TIPS) adjust the principal twice a year to reflect inflation or deflation measured by the Consumer Price Index (CPI).

The interest rate is fixed and is paid twice a year on the adjusted principal. So if your principal is larger because of inflation you earn more interest. If it's lower because of deflation, you earn less.

You can buy TIPS with terms of 5, 10, or 20 years at issue using a Treasury Direct account or in the secondary market. At maturity you receive either the adjusted principal or par value, whichever is greater.

You owe federal income tax on the interest you earn and on inflation adjustments in each year they're added even though you don't receive the increases until the security matures. However, TIPS earnings are exempt from state and local income taxes.

These securities provide a safeguard against deflation as well as against inflation since they guarantee that you'll get back no less than par, or face value, at maturity.

References in periodicals archive ?
Cardiac perforation and tamponade during transjugular intrahepatic portosystemic shunt placement.
Of 109 patients with cirrhosis and refractory ascites, 22 of the 52 patients who were randomized to transjugular intrahepatic portosystemic shunts (TIPS) and medical therapy developed recurrent tense ascites requiring therapeutic paracentesis during the following year.
Typically, these patients require repeated paracentesis drainage in a hospital setting or more invasive procedures such as a transjugular intrahepatic portosystemic shunt (TIPS) placement at significant costs and high complication rates.
Due to the high morbidity and mortality associated with esophageal variceal hemorrhage and refractory ascites, a transjugular intrahepatic portosystemic shunt (TIPS) is commonly used as a bridge to liver transplantation (1-4).