Definition of zero-coupon in English:

zero-coupon

Syllabification: ze·ro-cou·pon

adjective

  • Of or relating to a debt obligation that pays no interest to the holder until it reaches maturity or is sold: volatile zero-coupon bonds pay no interest but are issued of a discount to face value
    More example sentences
    • Tomson will issue zero-coupon convertible bonds to raise US $50 million, through Deutsche Bank.
    • Verizon Communications issued a $3 billion zero-coupon convertible bond.
    • One example is the auto and truck industry, where marketing is focused on zero-coupon financing and cash givebacks.

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Word of the day grotesquerie
Pronunciation: grəʊˈtɛskəri
noun
grotesque quality or grotesque things collectively