direct

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Direct

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 classic literature ?
It was with difficulty that he kept the trail, for there were many paths through the jungle at this point--crossing and crisscrossing, forking and branching in all directions, and over them all had passed natives innumerable, coming and going.
Those of us who could fled in all directions into the jungle, but more were killed.
A glance in the direction toward which he was looking was sufficient to apprise me of his aims and at the same time to fill me with the dread of dire apprehension, for, streaming in from all directions across the meadow, from out of the forest, and from the far distance of the flat land across the river, I could see converging upon us a hundred different lines of wildly leaping creatures such as we were now engaged with, and with them some strange new monsters which ran with great swiftness, now erect and now upon all fours.
As he shot a quick glance in the direction I indicated he smiled.
At last everything was ready, and we were about to set out when our pickets, a long, thin line of which had surrounded our camp at all times, reported that a great body of what appeared to be Sagoths and Mahars were approaching from the direction of Phutra.
I decided that at first I would travel directly south in the hope that I might in that direction find some familiar landmark.
Presently, as I stood enjoying the lovely scene, as insatiate for Nature's wonders as if I had not looked upon similar landscapes countless times, a sound of shouting broke from the direction of the woods.
In this direction he made his way, while from out of the forest about him the cries of the flesh-eaters increased in volume and ferocity.
It was not the roar of a hungry lion, but the roar of a lion in rage, and, as he glanced back in the direction from which the sound came, he saw a huge beast moving out from the shadow of the forest toward him.
These must possess all the authorities which are connected with this object, and with every other that may be allotted to their particular cognizance and direction.
For the absurdity must continually stare us in the face of confiding to a government the direction of the most essential national interests, without daring to trust it to the authorities which are indispensible to their proper and efficient management.
Here and there among the moss and marsh plants this scent was very strong, but it was impossible to determine in which direction it grew stronger or fainter.

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