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