ZERO COUPON BOND

Pronunciation (US):

(GB):

IPA (US):

 Dictionary entry overview: What does zero coupon bond mean? 

• 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.

 Dictionary entry details 

• ZERO COUPON BOND (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 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:

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)