Defenition of the word zero-coupon bond
Defenition of the word zero-coupon bond
the commonest form of zero-coupon security
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
Hypernyms for the word zero-coupon bond
bond
bond certificate
zero coupon security
zero-coupon security
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The word of the day
earl of warwick
English statesman; during the War of the Roses he fought first for the house of York and secured the throne for Edward IV and then changed sides to fight for the house of Lancaster and secured the throne for Henry VI (1428-1471)
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