ZERO COUPON BOND


Meaning of ZERO COUPON BOND in English

Bonds sold without coupons at a deep discount from their face value. Bondholders receive interest when the bond matures or when it is subsequently sold.

UNODC Money-Laundering terms English dictionary.      Английский словарь терминов управления ООН по отмыванию денег, преступности и наркотикам.