zero coupon
Noun

zero coupon (plural zero coupons)

  1. (usually used attributively, finance) A non-existent coupon.
    They decided to issue a note with a zero coupon.
  2. (finance) A financial security that does not pay interest periodically.
    Their trademarked financial structure involved issuing several kinds of zero coupons.
Synonyms
  • (financial security without periodic interest) zero



This text is extracted from the Wiktionary and it is available under the CC BY-SA 3.0 license | Terms and conditions | Privacy policy 0.003
Offline English dictionary