zero-coupon note en · NOUN
Meanings
- A promissory note that pays at maturity the value of the note with no separate interest payments, the effective interest arising from the discounted purchase price.
Forms
| Spelling | Features | Labels | Source |
|---|---|---|---|
| zero-coupon notes | Number=Plur | lexicographic |
Relateds
Synonyms
discount note (promissory note without coupon) · zero coupon bond