zero-coupon note

Questions

What does zero-coupon note mean?

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.

How to pronounce zero-coupon note

1. Open the pronunciation page — Open the Speakur entry for “zero-coupon note”.
2. Read the phonetic spelling — Read the IPA spelling () so you know which sounds to aim for.
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4. Repeat and practice — Say “zero-coupon note” aloud, matching stress and vowels until it feels natural.