English Dictionary |
ZERO-COUPON SECURITY
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Dictionary entry overview: What does zero-coupon security mean?
• ZERO-COUPON SECURITY (noun)
The noun ZERO-COUPON SECURITY has 1 sense:
1. a security that makes no interest payments but instead is sold at a deep discount from its face value
Familiarity information: ZERO-COUPON SECURITY used as a noun is very rare.
Dictionary entry details
Sense 1
Meaning:
A security that makes no interest payments but instead is sold at a deep discount from its face value
Classified under:
Nouns denoting possession and transfer of possession
Synonyms:
zero-coupon security; zero coupon security
Hypernyms ("zero-coupon security" is a kind of...):
certificate; security (a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends)
Hyponyms (each of the following is a kind of "zero-coupon security"):
zero-coupon bond; zero coupon bond (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)
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