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zero-coupon security

n.
1.a security that makes no interest payments but instead is sold at a deep discount from its face value

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Word of the Day

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  • zero-tolerance policy
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  • zeroth
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  • zeroth law of thermodynamics
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  • zest
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  • zestful
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  • zestfully
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  • zestfulness
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  • zestily
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    Idiom of the Day

    put one's foot down
    to object strongly to something, to take firm action
    Our boss put his foot down and did not allow any more money to be spent on entertainment.



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