Synonyms for zero coupon bond

Most common

zero-coupon note

All synonyms

Noun

Definitions

1. n. 1

   A bond (e.g., corporate debenture or government debt) that has no coupon (i.e., pays no interest), during the life of the issue. Such a bond is initially sold at a discount to its face value. The rate of return to the holder is derived from the gradual appreciation as the security moves toward maturity.