zero-coupon

American  

[zeer-oh-koo-pon, -kyoo-] / ˈzɪər oʊˈku pɒn, -ˈkyu- /

adjective

1. of or relating to a debt obligation that bears no interest but that is sold substantially below its face value.

---

Etymology

Origin of zero-coupon

First recorded in 1975–80

Example Sentences

Anticipating the Fed’s capitulation to market pressure, Bank of America’s chief equity strategist doubled down on his call to go long zero-coupon U.S.

From MarketWatch

A $3 billion zero-coupon bond deal sold a year ago can be put to the company for cash at on June 1, 2028.

From Barron's

The stock drop occurred amid apparent investor concerns over the company’s ability to service the preferred dividends and debt interest costs, as well as the potential need to pay off a $3 billion issue of zero-coupon convertible debt that can be redeemed by investors in June 2028.

From Barron's

The note is titled “From zero to hero” because since the summer, Hartnett’s recommendation to buy zero-coupon U.S.

From MarketWatch

Without regular interest payments, zero-coupon U.S.

From MarketWatch