Terms beginning with Z

  • Zero Coupon Bond
    A bond which pays no interest through its life and which pays a capital gain by being issued at a substantial discount to the maturity value...(Read more)
  • Zero Coupon Yield Curve
    A yield curve, known as a spot yield curve, of zero coupon bonds that can be derived from the par yield curve and is used to derive discount...(Read more)
  • Zero Dividend Preference Shares (zeros)
    Preference shares that receive no dividends throughout their lives. Instead a fixed known amount is paid at maturity....(Read more)
  • Zero Rated
    A term relating to value added tax (VAT). It refers to goods (for example, food and books) which are taxable but at a zero rate. The signifi...(Read more)




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