zero-coupon note
zero-coupon note · zero-coupon notes
A promissory note that pays at maturity the value of the note with no separate…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.
Meaning
1 sensesA 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
plural: zero-coupon notes| Singular | zero-coupon note |
|---|---|
| Plural | zero-coupon notes |
regular
Synonyms
2 synonymspromissory note without coupon:discount note
Word family
1 related wordsRelatedcommercial paper