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Glossary > T > "Treasury STRIPS" Definition

Treasury STRIPS

An acronym for "Separate Trading of Registered Interest and Principal Securities," Treasury STRIPS are fixed-income securities sold at a significant discount to face value and offer no interest payments because they mature at par.

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Treasury STRIPS - An acronym for "Separate Trading of Registered Interest and Principal Securities," Treasury STRIPS are fixed-income securities sold at a significant discount to face value and offer no interest payments because they mature at par.

Treasury STRIPS : an acronym for "separate trading of registered interest and principal securities," treasury strips are fixed-income securities sold at a significant discount to face value and offer no interest payments because they mature at par.