zero

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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 ?
This replaceable prefix consists of 24 bits that comprise 23 leading zeros plus the separator "1".
I occasionally have need to put leading zeros in numbers in an Excel spreadsheet.
1 (against values with leading zeros to the right of the decimal), the mean and standard deviation of a uniform distribution do not lend themselves to simple statistical testing.
Previously, users would have had to search with a three-digit class code--with leading zeros, if necessary.
In addition to its robust MIPS32(TM) architecture-compatible 32-bit general purpose processor, the MIPS32 4Km includes specially optimized instructions including single-cycle 32x16 multiply and accumulate instructions, count leading zeros and ones, conditional data moves, and data cache prefetch instructions.