What is the meaning of zero coupon bond?

noun

  • 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.
WordNet 3.0 © 2006 by Princeton University
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APAWordNet. (2010). zero coupon bond. Retrieved September 21, 2026, from http://smartdefine.org/zero_coupon_bond/definitions/1242894
ChicagoWordNet. 2010. "zero coupon bond" http://smartdefine.org/zero_coupon_bond/definitions/1242894 (accessed September 21, 2026).
HarvardWordNet 2010, zero coupon bond, Smart Define, viewed 21 September, 2026, <http://smartdefine.org/zero_coupon_bond/definitions/1242894>.
MLAWordNet. "zero coupon bond" 23 October 2010. Web. 21 September 2026. <http://smartdefine.org/zero_coupon_bond/definitions/1242894>
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