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ZERO-COUPON BOND
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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
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)
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