Are you a native English speaker? How do you pronounce this word?
A bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security.
Tutoring comment not yet available...
LearnThatWord and the Open Dictionary of English are programs by LearnThat Foundation, a 501(c)3 nonprofit.
Questions? Feedback? We want to hear from you!
or click here for instant support.
Copyright © 2005 and after - LearnThat Foundation. Patents pending.