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zero-coupon

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

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

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

Analysts trace the genesis of Stretch’s current distress to May, when Strategy tapped its cash reserve to repurchase $1.5 billion in zero-coupon convertible senior notes due in 2029.

From The Wall Street Journal Jun. 30, 2026

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 Nov. 18, 2025

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

From MarketWatch Oct. 24, 2025

It will then convert zero-coupon swaps on July 3 along with any U.S.

From Reuters May 2, 2023

The yield is also known as the coupon; in the case of zero-coupon bonds, the financial advantage to investors is that they can purchase bonds at a lower face value.

From Encyclopedia.com Mar. 31, 2018

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