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.

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词条贡献者

译者Virginia，毕业于一所培养高级翻译以及跨文化事务专家的精英大学，擅长翻译各种与私募股权融资相关的法律文件。