zero


Also found in: Dictionary, Thesaurus, Medical, Legal, Acronyms, Idioms, Encyclopedia, Wikipedia.

Zero-Coupon Bond

A bond that pays no interest. It is sold at a discount from par and matures at par. These are fairly illiquid investments because they do not benefit from changes in interest rates. However, they tend to be low-risk. Zero-coupon bonds fluctuate in price, sometimes dramatically, with changes in interest rates. Sometimes zero-coupon bonds are issued as such; other times they are bonds stripped of their coupons by a financial institution and resold as zero-coupon bonds. A zero-coupon bond is less formally known as a zero.

zero

References in periodicals archive ?
The supermoto-based Zero FXS and max adventure Zero DSR will be shown to the public for the first time in Europe.
Zero first started being used as an actual number around 458 AD in India by Hindu astronomer and mathematician Brahmagupta.
When the standard is a tool of zero length; the tool is in the spindle; and the X, Y, and Z axes are at their machine zero position, the machine zero point is the point in space occupied by the tool reference point, since this is the tip of the zero length standard.
Most Points Earned By A Videographer: Matt Winterberg, Zero
On ``The Garden,'' Gonzalez's small, intimate cult hit ``Crosses'' gets a Zero 7 remake and is stretched to nearly three times its original length.
1) of section 7 of Part V of Schedule VI of the ETA (which attempts to zero rate certain services made to non-residents), are interpreted to refer to the party who takes advantage of the service being provided, rather than the party who has contracted for the service; the provision has the effect of putting GST-registered suppliers at a competitive disadvantage when marketing their services to global customers.
Scientists recommend that you eat lightly before a zero gravity flight.
If multiple gifts are made to the trust during the year (for instance, monthly premium payments), a timely allocation against that first premium for the year would produce a zero inclusion ratio, as long as the policy's FMV was zero immediately before that gift.
Is it any wonder that since the spring of 1999, when zero interest rates debuted and taxpayer funds began pouring into the banks, progress in reducing bad debt has stopped dead in its tracks?
This figure multiply represents [sic] not only the cipher zero, the shape of a coin, and the letter O, but also all hollow or empty sites that produce meaning.
To get a better idea, consider the case of zero tolerance policies on other subjects, such as contraband at public schools.
Zero Coupon Treasury STRIPS, Mason says, can be timed to meet individual investor's needs, and are particularly smart for conservative retirement savers: Ranging in rates from roughly 6% to 8.