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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.

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.
References in periodicals archive ?
The new document Direct Supervision Jails: The Role of the Administrator is bringing more focus to the jail administrator.
A group of researchers in Norway has even found that videoconferencing can be substituted for up to 50% of the direct supervision hours required for psychotherapists without a significant decrease in effectiveness (Gammon, Sorlie, Bergvik, Sorensen, & Hoifodt, 1997).
I whole-heartedly agree that the average patron in the pool should be prevented from extended breath-hold activities unless they are properly trained and employing basic supervision procedures, which require a partner and direct supervision.
Ag-Chem's SOILTEQ division will operate as a separate AGCO division under the direct supervision of Norm Boyd, senior vice president, corporate development at AGCO.
HITIC is the first nonbank financial institution under the Chinese government's direct supervision to default on samurai bonds or yen-denominated bonds issued by foreign governments or companies.
Prisoners had their own keys to cells in the 1960s cell blocks and could mix together in groups of up to 13 throughout the night without direct supervision from staff, the Chief Inspector of Prisons Sir David Ramsbotham said.
A sign is posted informing skaters of the city ordinance requiring them to use safety gear like helmets, but there is no direct supervision by city staffers.
Until a student demonstrates competency in a procedure, that procedure is to be performed under direct supervision.
But 95 per cent of paediatricians surveyed by the Foundation for the Study of Infant Death say the monitors should be used only under the direct supervision of a health professional.
Turning to diving, four halay sessions under direct supervision and with all equipment supplied costs pounds 74 or, for qualified divers who wish to dive accompanied by an experienced instructor, six shore sessions are priced at pounds 60.
According to any number of Ted Moudis Associates' clients, the personal interest and direct supervision by the firm's principals and senior level designers is among the firm's most compelling features.
Underscore the importance of giving direct supervision to food preparation, cooking, and hand washing when away from the dining hall.

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