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zero-coupon
[ zeer-oh-koo-pon, -kyoo- ]
/ ˈzɪər oʊˈku pɒn, -ˈkyu- /
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adjective
of or relating to a debt obligation that bears no interest but that is sold substantially below its face value.
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CAN YOU ANSWER THESE COMMON GRAMMAR DEBATES?
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Origin of zero-coupon
First recorded in 1975–80
Words nearby zero-coupon
Zernike, zero, zero balancing, zero-base, zero-base budgeting, zero-coupon, zero defects, zero-divisor, zero-emission, zero-emission vehicle, zero gravity
Dictionary.com Unabridged
Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023