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zero |
Also found in: Dictionary/thesaurus, Medical, Acronyms, Idioms, Encyclopedia, Wikipedia, Hutchinson | 0.02 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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ZA Zabara Zacks Investment Research Zaibatsu ZAR ZBA ZBB zero zero bracket amount Zero prepayment assumption Zero sum zero tick Zero uptick Zero-balance account Zero-base budgeting |
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