What Is A US Treasury Strip?

What Is A US Treasury Strip? STRIPS is the acronym for Separate Trading of Registered Interest and Principal of Securities. STRIPS let investors hold and trade the individual interest and principal components of eligible Treasury notes and bonds as separate securities. … The only time an investor receives a payment from STRIPS is at maturity.

What Happens To Bimetallic Strip When Heated?

What Happens To Bimetallic Strip When Heated? The bimetallic strips are commonly used in thermostats. It is because the temperature change will bring the mechanical displacement in the metal. … When the bimetallic strip is heated, the metal with higher thermal expansion will bend more. Thus they bend towards the metal having a lower thermal