zero value
81Zero Prepayment Assumption — The supposition that scheduled principal and interest will be paid off with no installments. This is typically done as a means of providing a benchmark to gauge other, more complex assumptions. By determining what a product or service will cost… …
82zero-coupon notes — A bond which pays no coupon but is issued at a deep discount to face value. The difference between the issue and the redemption prices creates a hefty capital gain which boosts the yield close to market levels. LIFFE …
83value added tax — VAT A charge on taxable supplies of goods and services made in the UK by a taxable person in the course or furtherance of a business. Where appropriate, each trader adds VAT to sales and must account to the Board of Customs and Excise for the… …
84zero coupon bond — A bond issued at a discount to mature at its face value; the discount is set so that no interest is paid during the life of the bond. It is the ultimate deep discount bond. See also: coupon stripping …
85value added tax — VAT A charge on taxable supply of goods and services made in the UK by a taxable person in the course or furtherance of a business. Where appropriate, each trader adds VAT to sales and must account to HM Revenue and Customs for the output tax The …
86zero-coupon — ze′ro cou pon adj. bus (esp. of a bond) bearing no interest but sold substantially below face value • Etymology: 1975–80 …
87zero — n. person of no value …
88zero-coupon bond — /ˌzɪərəυ ku:pɒn bɒnd/ noun a bond which carries no interest, but which is issued at a discount and so provides a capital gain when it is redeemed at face value …
89Boundary value analysis — is a software testing design technique used to determine test cases covering off by one errors.IntroductionTesting experience has shown that the boundaries of input ranges to a software component are likely to contain defects. For instance: a… …
90Market value — For values of entire markets, see Market size. Market value is the price at which an asset would trade in a competitive auction setting. Market value is often used interchangeably with open market value, fair value or fair market value, although… …
