The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

ZERO-COUPON BOND Definition & Legal Meaning

Definition & Citations:

Bond that (1) pays no interest but is sold subpar, (2) interest paying bond stripped of its coupon. Also known as non-interest bearing bond, zero interest bond, zero rated bond.


This article contains general legal information but does not constitute professional legal advice for your particular situation. The Law Dictionary is not a law firm, and this page does not create an attorney-client or legal adviser relationship. If you have specific questions, please consult a qualified attorney licensed in your jurisdiction.