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The company issued a zero-coupon note to finance its expansion, allowing investors to buy it at a discount and receive the full face value at maturity.
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The company issued a zero-coupon note to finance its expansion, allowing investors to buy it at a discount and receive the full face value at maturity.
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Related words
zero-coupon note
Noun
Japanese Meaning
(金融)購入時に割引されることで実質的な利率が発生し、満期時に額面金額が支払われるが、別途の利息支払いがない約束手形(ゼロ・クーポン債)
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