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A bond (e.g., corporate debenture or government debt) that has no coupon (i.e., pays no interest), during the life of the issue. Such a bond is initially sold at a discount to its face value. The rate of return to the holder is derived from the gradual appreciation as the security moves toward maturity.
Definition source: English Wiktionary via Wiktextract
Topics: business, finance
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: none provided
Antonyms: none provided
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
Definition source: Princeton WordNet 3.0
No example sentence was provided for this meaning.
Meaning relationships
Synonyms: zero-coupon bond
Antonyms: none provided
Broader terms: bond, bond certificate, zero-coupon security, zero coupon security
No etymology was provided for this word.
Across languages
Translations
7 source translations are retained for this English entry.
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Chinese Mandarin:
零息債券 /零息债券
(língxīzhàiquàn)
— bond that has no coupon
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Czech:
zerobond
— bond that has no coupon
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Finnish:
nollakuponkilaina
— bond that has no coupon
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German:
Nullkuponanleihe
— bond that has no coupon
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German:
Zerobond
— bond that has no coupon
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Swedish:
nollkupongobligation
— bond that has no coupon
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Swedish:
nollkupongare
— bond that has no coupon
