zero coupon bond

Từ điển Oxford Learners Wordfinder Dictionary

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
• Syn:
zero-coupon bond
• Topics:
corporation, corp, government, governing, governance,
government activity, administration
• Hypernyms:
zero-coupon security, zero coupon security, bond, bond certificate