Series 66: Treasury Receipts

Taken from our Series 66 - NASAA Uniform Combined State Law Exam

Definition of the term Treasury Receipts...

a zero coupon bond issued by a private issuer, such as a brokerage firm, and secured by a stripped Treasury security. Also called STRIPS.

Since you're reading about Series 66: Treasury Receipts, you might also be interested in:

Solomon Exam Prep Study Materials for the Series 66
Please Enable Javascript
to view this content!