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Definition of Zero-coupon bond
1. Noun. 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.
Exact synonyms: Zero Coupon Bond
Category relationships: Administration, Governance, Governing, Government, Government Activity, Corp, Corporation
Generic synonyms: Bond, Bond Certificate, Zero Coupon Security, Zero-coupon Security
Category relationships: Administration, Governance, Governing, Government, Government Activity, Corp, Corporation
Generic synonyms: Bond, Bond Certificate, Zero Coupon Security, Zero-coupon Security