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English-
translations for
zero coupon bond
Definition of zero coupon bond
A
bond
that has no
coupon
, 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
Related words
zero
zeroth
non-zero
nonzero
zeroeth
zeroes
zeroing
sub-zero
zero-dimensional
panzerotto
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