| NOUN | possession | zero coupon security, zero-coupon security | a security that makes no interest payments but instead is sold at a deep discount from its face value |
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| Meaning | A security that makes no interest payments but instead is sold at a deep discount from its face value. | |
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| Synonym | zero-coupon security | |
| Narrower | zero coupon bond, zero-coupon bond | A bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond |
| Broader | security, certificate | A formal declaration that documents a fact of relevance to finance and investment |
| Spanish | título cupón cero | |
| Catalan | títol cupó zero | |
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