zero coupon bond Meaning in Cambridge Business English Dictionary
Cambridge Dictionaries online Cambridge Dictionaries online

The most popular online dictionary and thesaurus for learners of English

Meaning of "zero coupon bond" - Business English Dictionary

zero coupon bond

noun [C]
 
 
( also zero) FINANCE a type of bond that does not pay interest, but that you buy for less than its face value , so that you make a profit when it is paid back: Zero coupon bonds are more sensitive to interest rate changes than bonds that pay interest periodically. Most zeros are still offering returns of over 8%.
(Definition of zero coupon bond from the Cambridge Business English Dictionary © Cambridge University Press)
What is the pronunciation of zero coupon bond?
Add Cambridge dictionaries to your browser to your website
Word of the Day
straight

the straight part of a racetrack (= the track on which competitors race)

Word of the Day

Are you a glass-half-full person? (Everyday Idioms)
Are you a glass-half-full person? (Everyday Idioms)
by Kate Woodford,
July 29, 2015
A reader of this blog recently asked for a post on idioms that are used in everyday English. This seemed like a reasonable request. After all, if you are going to make the effort to learn a set of English idioms, you want those idioms to be useful. The question, then, was

Read More 

exoskeleton noun
exoskeleton noun
July 27, 2015
a robotic device which goes around the legs and part of the body of a person who cannot walk and allows them to move independently and in an upright position The device, known as an exoskeleton, is strapped to the outside of a person’s limbs and can then be controlled by them.

Read More