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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:

Akamai Technologies, the cybersecurity and cloud-computing company, recently issued $3.5 billion in zero-coupon convertible senior notes, split between 2030 and 2032 maturities.

From The Wall Street Journal Jun. 17, 2026

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 Nov. 21, 2025

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

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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