Zero-Coupon Bond: A bond that does not pay interest during its term but is sold at a deep discount to its face value and returns the face value at maturity.
Zero-Coupon Bond Definition
The definition of Zero-Coupon Bond.
The definition of Zero-Coupon Bond.
Zero-Coupon Bond: A bond that does not pay interest during its term but is sold at a deep discount to its face value and returns the face value at maturity.