Definition of zero-coupon bond in English:

zero-coupon bond

Line breaks: zero-coupon bond

noun

A bond that is issued at a deep discount to its face value but pays no interest.
More example sentences
  • It is possible for a corporation to issue a zero-coupon bond, whose current yield is zero and whose yield to maturity is solely a function of the built-in price appreciation.
  • A passively managed fund in zero-coupon bonds charges less than 1%.
  • Floated by the Power Finance Corporation, it is a zero-coupon bond that matures in 2022.

Definition of zero-coupon bond in:

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Word of the day dinkum
Pronunciation: ˈdɪŋkəm
adjective
(of an article or person) genuine, honest, true