zero value
71zero-coupon bond — A type of bond that offers no interest payments. In effect, the interest is paid at maturity in the redemption value of the bond. Investors sometimes prefer zero coupon bonds as they may confer more favourable tax treatment. See also deep… …
72zero-rated goods and services — Goods and services that are taxable for value added tax purposes but are currently subject to a tax rate of zero. These include: • most food items, • sewerage and water services for non industrial users, • periodicals and books, • certain… …
73Zero-Volatility Spread - Z-spread — The constant spread that will make the price of a security equal to the present value of its cash flows when added to the yield at each point on the spot rate Treasury curve where a cash flow is received . In other words, each cash flow is… …
74zero-coupon bonds — A bond that does not pay periodic interest but instead is sold at a discount from its face value. The value of the bond increases as the bond reaches maturity …
75zero-rate — ze·ro rate (zîrʹō rāt , zēʹrō ) tr.v. Chiefly British ze·ro ·rat·ed, ze·ro ·rat·ing, ze·ro ·rates To exempt from paying a value added tax. * * * …
76zero-coupon — /zear oh kooh pon, kyooh /, adj. of or pertaining to a debt obligation that bears no interest but that is sold substantially below its face value. [1975 80] * * * …
77zero coupon bond — noun A bond (e.g., corporate debenture or government debt) that has no coupon (i.e., pays no interest), during the life of the issue. Such a bond is initially sold at a deep discount to its …
78zero-rated — adjective subject to no value added tax when sold (but the supplier can still recover VAT attributable to it) …
79zero-order hold — noun A mathematical model of the practical signal reconstruction done by a conventional digital to analog converter, describing the effect of converting a discrete time signal to a continuous time signal by holding each sample value for one… …
80zero-coupon note — noun A promissory note that pays at maturity the value of the note with no separate interest payments, the effective interest arising from the discounted purchase price. Syn: discount note …
