ZERO COUPON SECURITY

Pronunciation (US):

(GB):

 I. (noun) 

Sense 1

Meaning:

A security that makes no interest payments but instead is sold at a deep discount from its face value

Synonyms:

zero-coupon security; zero coupon security

Classified under:

Nouns denoting possession and transfer of possession

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

certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)

Hyponyms (each of the following is a kind of "zero coupon security"):

zero-coupon bond; zero coupon bond (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 security)

Credits