Word Study
zero coupon bond
WORDNET DICTIONARY
Noun zero coupon bond has 1 sense
- zero coupon bond(n = noun.possession) 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; Array is a kind of bond, bond certificate, zero-coupon security, zero coupon security
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