Mutual funds that invest in a certain type of Treasury securities that provide no monthly income, but, instead, pay the investor accumulated income and principal at the bond's maturity.
ZERO COUPON TREASURY BOND FUNDS
Meaning of ZERO COUPON TREASURY BOND FUNDS in English
Mutual Fund English Glossary. Английский глоссарий взаимных и инвестиционных фондов. 2012