Paper strips used by air traffic controllers to maintain the status of flights under their control Paper strips were used long before the introduction of radar and are still used as a fall-back procedure in case of a system failure
Acronym for Separate Trading of Registered Interest and Principal of Securities STRIPS are the interest and principal payments from Treasury bonds and notes traded as individual securities
The practice of separating the principal and interest on a bond creating two tradable products It was started by the brokerage industry, but is now also performed by others such as the U S government
The Treasury Department's program under which eligible securities are authorized to be separated into principal and interest components, and transferred separately These components are maintained in book-entry accounts and transferred in TRADES (Treasury/Reserve Automated Debt Entry System)
Separate Trading of Registered Interest and Principal Securities A book-entry system operated by the Federal Reserve permitting separate trading and ownership of the principal and coupon portions of selected Treasury securities It allows the creation of zero coupon Treasury securities from designated whole bonds
The Stanford Research Institute Problem Solver is a planner developed at SRI International (nee Stanford Research Institute) in 1970 The planner itself is long superseded, but the STRIPS language for describing actions has survived on its own and as a subset of P D D L
Treasury program allowing investors to buy individual coupon and principal payments from a whole Treasury note or bond Acronym for Separate Trading of Registered Interest andPrincipal of Securities