zero coupon security

A security (esp. a bond) that is issued at a large discount but pays no interest.

• The face value of the bond is payable at maturity.

---

词条贡献者

资深译员Tommy，毕业于亚洲顶尖的高级翻译学院，擅长翻译有关基础设施/交通运输领域的法律文件。