zero coupon security


Definition: Meaning of, zero coupon security in English to English dictionary.

Pronunciation: / ˈzɪərəʊ ˈkuːpɒn sɪˈkjʊərɪti;sɪˈkjɔːrɪti /

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  1. a security that makes no interest payments but instead is sold at a deep discount from its face value
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