A registered service mark of Merrill Lynch for financial investment services, namely, providing zero-coupon obligations evidencing an interest in U.S. government bonds. See also coupon stripping.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.