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Business Trivia

In 1985, the U.S. government began issuing securities with interest and principal separated known as what?

on Jan 30, 2025

Published in Business Trivia

Savings Bonds
Freeloaders
Freddie Macs
STRIPS

STRIPS. "STRIPS" stands for Separate Trading of Registered Interest and Principal of Securities.

More Business Trivia

What was the cost of a first-class stamp in 1977?

Business Trivia / December 20, 2025

$0.13. The $.13 rate for a first class letter was set December 31, 1975 and increased to $.18 May 29, 1978.

How did super-rich Sergey Brin make his billions?

Business Trivia / December 20, 2025

Google. Sergey Brin ranked 12th on "Forbes" 2006 Rich List calls Palo Alto, CA home and was worth $14.1 billion.

Until 1921, what was the American Stock Exchange known as?

Business Trivia / December 19, 2025

The Curb Exchange. The American Stock Exchange was originally started by traders standing on the curb in New York City.

How did super-rich Harold Clark Simmons make his billions?

Business Trivia / December 19, 2025

Investments. Harold Clark Simmons ranked 63rd on "Forbes" 2006 Rich List calls Dallas, TX home and was worth $4.1 billion.

How would a "watered stock" be described?

Business Trivia / December 18, 2025

Overvalued Asset. The term "watered stock" is most commonly used with reference to a form of securities fraud.

The main Australian Stock Exchange is located in which city?

Business Trivia / December 18, 2025

Sydney. The Australian Stock Exchange was established around 1861.

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