ZERO COUPON BOND

Pronunciation (US):

• ZERO COUPON BOND (noun)
  The noun ZERO COUPON BOND has 1 sense:

1. 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

  Familiarity information: ZERO COUPON BOND used as a noun is very rare.

• ZERO COUPON BOND (noun)

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 security

Classified under:

Nouns denoting possession and transfer of possession

Synonyms:

zero coupon bond; zero-coupon bond

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:

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)