zero coupon
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English[edit]
Noun[edit]
zero coupon (plural zero coupons)
- (usually used attributively, finance) A non-existent coupon.
- They decided to issue a note with a zero coupon.
- (finance) A financial security that does not pay interest periodically.
- Their trademarked financial structure involved issuing several kinds of zero coupons.
Synonyms[edit]
- (financial security without periodic interest): zero