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zero |
Also found in: Dictionary/thesaurus, Medical, Acronyms, Encyclopedia, Wikipedia, Hutchinson | 0.32 sec. |
zero Informal; a bond that pays no interest. It is sold at a discount from par and matures at par. They are fairly illiquid investments because they do not benefit from changes in interest rates. However, they tend to be low-risk. Zeros fluctuate in price, sometimes dramatically, with changes in interest rates. Sometimes zeros are issued as such; other times they are bonds stripped of their coupons by a financial institution and resold as zeros. They are more formally known as zero-coupon bonds. How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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ABS Absolute advantage Absolute form of purchasing power parity Absolute Physical Life Absolute priority absolute priority rule Absolute Rate absolute zero absorb Absorbed abusive tax shelter ACAT Accelerated Cost Recovery System Accelerated death benefit Accelerated Depreciation |
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