Glossary
Zero Coupon Bond
Bonds that do not make interest (coupon) payments prior to maturity. Zero-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.
Also refers to zero-coupon bonds, which are convertible into an interest bearing bond at a certain time before maturity.
Last update Thursday on 23-11-2023 at 15:26:57
