单词 | zero-coupon bond |
释义 | zero-coupon bond zero-coupon bond A type of bond that offers no interest payments. In effect, the interest is paid at maturity in the redemption value of the bond. Investors sometimes prefer zero-coupon bonds as they may confer more favourable tax treatment. A zero-coupon bond is the ultimate deep-discount bond (seedeeply discounted security). See alsoTIGR; Zebra. |
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