单词 | zero coupon security |
释义 | zero coupon security (extremely rare) n WORD FAMILY zero coupon security n a security that makes no interest payments but instead is sold at a deep discount from its face value Syn|Hypo|Hyper zero-coupon security zero coupon bond, zero-coupon bond 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 certificate, security a formal declaration that documents a fact of relevance to finance and investment; the holder has a right to receive interest or dividends |
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