zero

(redirected from Leading zero)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.
Related to Leading zero: Trailing zero

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.
The of column on the extreme left (column A) must include the zip code (or FIPS number of the state, county, census tract) formatted as text, to allow leading zeroes, and guide the appropriate map.
While the results seem to indicate a slight bias against [X.sub.i] between 0.0 and 0.1 (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.
Examples include phone numbers, ZIP codes, account codes, and imported record numbers if values are too big for long integer or have necessary leading zeroes.