Definition of zero-coupon in English:


Syllabification: ze·ro-cou·pon


  • 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.

Get more from Oxford Dictionaries

Subscribe to remove adverts and access premium resources

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