zero coupon

noun — 2 senses

zero coupon

noun

1

Business, Finance Usually A non-existent coupon.

They decided to issue a note with a zero coupon.

2

Business, Finance A financial security that does not pay interest periodically.

Their trademarked financial structure involved issuing several kinds of zero coupons.

Synonyms: zero
Derived terms: zero coupon bond, zero-coupon bond, zero-coupon note

Entry derived from the Wiktionary, under licence CC BY-SA 4.0 — list of authors.