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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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Following the discovery of skeletal remains, Mannar Magistrate and also the District Judge Ananthy Kanagaratnam ordered the excavation at the grave site on 23rd December under her direct supervision and a team of forensic experts led by Judicial Medical Officer Vaidyaratne was brought in and the team used to be present during the excavation works.
These materials address issues related to jail administration, jail operations, new jail planning, managing inmate behavior, direct supervision jails, and jail standards and inspections.
Summary: The efforts of the UAE to provide the needy Muslims with different financial and in-kind assistance throughout the holy month of Ramadan, as a realization of the directives of President His Highness Sheikh Khalifa bin Zayed Al Nahyan and the direct supervision and support of His Highness General Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi, Deputy Supreme Commander of the UAE Armed Forces and Chairman of the Abu Dhabi Executive Council, have been welcomed and appreciated by Muslims all over the world.
In an early review of supervision techniques, Birchler (1975) described four models of supervision: (a) traditional, which includes case report and didactic discussion; (b) co-therapy, which involves the participation of both the supervisor and the supervisee in therapy; (c) direct supervision with delayed feedback, which entails the use of observation techniques, such as video tapes, audio tapes, or two-way mirrors to observe the supervisee and client and the provision of feedback after the session; and (d) direct supervision with instant feedback, which involves live, observational methods such as two-way mirrors or television monitors combined with the use of phone-in or "bug in ear" devices to communicate feedback instantaneously.
But diocesan priests, those priests who served parishes under the local bishops' direct supervision, understood that birth control was a sensitive topic because it involved highly private and intimate behaviors and because the laity might resent parish priests for addressing the issue directly and forthrightly.
Medicare will pay for glaucoma screening exams provided by (or under the direct supervision of) an ophthalmologist or optometrist who is legally authorized to perform the services under state law.
We have developed AutoCITE, a computer workstation that delivers the training component of poststroke upper-limb constraint-induced (CI) therapy, better know as CI therapy, which can potentially be used in the clinic or home without the need for direct supervision from a therapist.
The most basic of these safety procedures is that it should always be practiced with a partner and with direct supervision. During this supervision, we have signals or taps that the breathholder must respond to.
(A) As used in this section, "on-duty illness or injury" means an illness or injury that occurred during or resulted from performance of duties under the direct supervision of a member's appointing authority
"The position of the college is that SCPS must be under direct supervision. They are directly accountable to the supervising consultant."
Under his direct supervision, the embassy prepared reports to Congress that never mentioned the brutality of the Honduran military, the Sun reported.

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