Synonyms/Hypernyms (Ordered by Estimated Frequency) of noun zero_coupon_bond

1 sense of zero coupon bond

Sense 1
zero coupon bond, zero-coupon bond -- (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)
       => zero-coupon security, zero coupon security -- (a security that makes no interest payments but instead is sold at a deep discount from its face value)
       => bond, bond certificate -- (a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal)