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Financial Glossary |
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a b c d e f g h i j k l m n o p q r s t u v w x y z |
Zero Coupon Bond
A debt obligation sold at a discount from its face value, where no periodic interest payments are made. At maturity, an investor receives one payment equal to principal invested plus interest earned compounded semi-annually at the original interest rate.
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Securities and Investment Advisory Services offered through Woodbury Financial Services, Inc.,
Member FINRA, SIPC, and Registered Investment Advisor - Licensed in MO, IL, CA, NY
*** 111 West Port Plaza Drive Suite 300 Saint Louis, MO. 63146 ***
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