- noninterest-bearing bond
- Fina bond that is sold at a discount instead of with a promise to pay interest
The ultimate business dictionary. 2015.
noninterest-bearing bond
Look at other dictionaries:
noninterest-bearing note — A note without periodic interest payment, but selling at a discount and maturing at face value. Bloomberg Financial Dictionary See: zero coupon bond. Bloomberg Financial Dictionary … Financial and business terms
passive bond — A noninterest bearing bond the holder of which is by its terms to have some future advantage or profit from it … Ballentine's law dictionary
equivalent bond yield — See bond equivalent yield. American Banker Glossary effective annual yield on a short term, noninterest bearing security calculated for comparison to yields quoted on coupon securities. Bloomberg Financial Dictionary … Financial and business terms
South Africa — Republic of, a country in S Africa; member of the Commonwealth of Nations until 1961. 42,327,458; 472,000 sq. mi. (1,222,480 sq. km). Capitals: Pretoria and Cape Town. Formerly, Union of South Africa. * * * South Africa Introduction South Africa… … Universalium
