English noun: zero coupon bond | |||
1. | zero coupon bond (possession) 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 | ||
Synonyms | zero-coupon bond | ||
Broader (hypernym) | bond, bond certificate, zero coupon security, zero-coupon security | ||
Domain category | administration, corp, corporation, governance, governing, government, government activity | ||