Library / English Dictionary

    ZERO COUPON BOND

    Pronunciation (US): Play  (GB): Play

     I. (noun) 

    Sense 1

    Meaning:

    A bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon securityplay

    Synonyms:

    zero-coupon bond; zero coupon bond

    Classified under:

    Nouns denoting possession and transfer of possession

    Hypernyms ("zero coupon bond" is a kind of...):

    bond; bond certificate (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)

    zero-coupon security; zero coupon security (a security that makes no interest payments but instead is sold at a deep discount from its face value)

    Domain category:

    administration; governance; governing; government; government activity (the act of governing; exercising authority)

    corp; corporation (a business firm whose articles of incorporation have been approved in some state)

    Credits


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