Function: adjective
Date: 1979
: of, relating to, or being an investment security that is sold at a deep discount, is redeemable at face value on maturity, and that pays no periodic interest < zero coupon municipal bonds>
Function: adjective
Date: 1979
: of, relating to, or being an investment security that is sold at a deep discount, is redeemable at face value on maturity, and that pays no periodic interest < zero coupon municipal bonds>
Merriam Webster Collegiate English Dictionary. Merriam Webster - Энциклопедический словарь английского языка. 2012