1. (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

• zero-coupon bond

1. (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

• administration
• governance
• governing
• government
• government activity
• corp
• corporation

1. (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

• bond
• bond certificate
• zero coupon security
• zero-coupon security