Zero-Bond
51Bond albedo — The Bond albedo is the fraction of power in the total electromagnetic radiation incident on an astronomical body that is scattered back out into space. It takes into account all wavelengths at all phase angles. It is an important quantity for… …
52zero-coupon convertible security — A zero coupon bond convertible into the common stock of the issuing company after the stock reaches a certain price, using a put option inherent in the security. Bloomberg Financial Dictionary Also refers to zero coupon bonds, which are… …
53zero-rated bond — / zɪərəυ ˌreɪtɪd bɒnd/ noun same as zero coupon bond …
54zero coupon bond — A bond issued at a discount to mature at its face value; the discount is set so that no interest is paid during the life of the bond. It is the ultimate deep discount bond. See also: coupon stripping …
55zero coupon bond — noun A bond (e.g., corporate debenture or government debt) that has no coupon (i.e., pays no interest), during the life of the issue. Such a bond is initially sold at a deep discount to its …
56zero-coupon bonds — A bond that does not pay periodic interest but instead is sold at a discount from its face value. The value of the bond increases as the bond reaches maturity …
57zero-coupon bond — noun a bond issued at a deep discount but paying no interest …
58zero-coupon bond — /ˌzɪərəυ ku:pɒn bɒnd/ noun a bond which carries no interest, but which is issued at a discount and so provides a capital gain when it is redeemed at face value …
59zero dividend preference share — /ˌzɪərəυ ˌdɪvɪdend pref(ə)rəns ʃeəz/ noun a bond which pays no dividend, but has a fixed term and a fixed redemption price, which is a little higher than the redemption price on similar gilts though the redemption price is not in fact guaranteed …
60zero-coupon notes — A bond which pays no coupon but is issued at a deep discount to face value. The difference between the issue and the redemption prices creates a hefty capital gain which boosts the yield close to market levels. LIFFE …
