English dictionary
zero coupon bond meaning and definition
Definition and meaning of zero coupon bond at MeaningMonkey.org. zero coupon bond meaning and definition in the English Dictionary.ZERO COUPON BOND noun
Definition of zero coupon bond (noun)
- 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
- synonyms: zero-coupon bond
Source: Princeton University Wordnet