ゼロクーポン債さい

noun

zero coupon bond

A bond that does not pay periodic interest but is issued at a discount and redeemed at face value. Used in financial contexts.

• ゼロクーポン債さいは利り払ばらいがない代かわりに、償しょう還かん時じに額がく面めんとの差さ額がくが利り益えきになります。

  Zero coupon bonds do not pay interest; instead, the difference between the issue price and face value at redemption becomes the profit.