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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.
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 ?
In 2018, the global Indirect Procurement Outsourcing market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
Among issues listed for determination are whether having regard to the pendency of suit filed by Haddy Ametuo, Salam Adejoh (suing for themselves and on behalf of other members) of the SEC elected on May 19, 2018, the APC can adopt the indirect primary mode.
The indirect method deals with SCARF's last parts: attitude, resilience and fellowship.
The estimates of direct and indirect effects of explanatory variables on the main response variable yield (Table 3) showed that the variables number of fertile spikelets, panicle mass, number of panicles per square meter and mass of one thousand grains obtained high positive magnitudes and a pronounced direct effect on yield; therefore, the existing phenotypic correlation explains much of the true association.
NCUA also reports indirect lending as a whole, which is primarily automobiles, but also includes everything from boats to hot tubs.
In 2018, the ITA has an even more ambitious plan, according to which it should collect seven billion and 342 million KM of indirect taxes' it is said in the statement.
The sheer magnitude of the research funds at stake under the proposed 10% cap underscores the consequential nature of the issue and signals a misunderstanding of the ways in which indirect costs are essential to the conduct of biomedical research.
The Platform for Collaboration on Tax (the Platform), a joint initiative of the Organisation for Economic Co-operation and Development, International Monetary Fund, United Nations, and World Bank, released a document entitled The Taxation of Offshore Indirect Transfers--A Toolkit (the Draft Toolkit or Toolkit) on August 1, 2017.
Deloitte has admitted Mark Junkin, Michael Camburn, and Bruce Hamilton as Partners in the Indirect Tax Practice, and appointed four new Directors, reflecting the importance that the firm places on fostering and recognising excellence in leadership in its business, and widening the GCC VAT leadership team to address client needs.
Deloitte has admitted Mark Junkin, Michael Camburn, and Bruce Hamilton as Partners in the Indirect Tax Practice, and appointed four new Directors, reflecting the importance that the firm places on fostering and recognizing excellence in leadership in its business, and widening the GCC VAT leadership team to address client needs.

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