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
See other words
The word of the day
abreast of(p)
being up to particular standard or level especially in being up to date in knowledge; "kept abreast of the latest developments"; "constant revision keeps the book au courant"; "always au fait on the latest events"; "up on the news"
Read more...