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Definition of Zero coupon
1. Noun. (context: usually used attributively finance) A non-existent coupon. ¹
2. Noun. (finance) A financial security that does not pay interest periodically. ¹
¹ Source: wiktionary.com
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1. Noun. (context: usually used attributively finance) A non-existent coupon. ¹
2. Noun. (finance) A financial security that does not pay interest periodically. ¹
¹ Source: wiktionary.com