zero coupon securityglossary / 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 资深译员陈鹏,毕业于国内顶尖的高级翻译学院,擅长翻译各类与全球贸易及投资相关的法律文件。