A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z

Retirekit Glossary Z

Z


Zero Coupon Bond
A bond that is sold at a discount and that does not pay coupon interest on a continuous basis, but delivers a return when payment of final principal plus all accumulated compounded interest is paid at maturity.

While Treasuries are not generally issued as zero-coupon bonds, the remaining coupon interest payments can be stripped from the principal to make up multiple zero-coupon bonds. These bonds can then be trade as independent, negotiable zero-coupon securities.
Although accumulated interest is not paid until maturity, the interest is taxable yearly.

 
 
Tel: 800-900-5867 Fax: 800-900-0750 Email:info@theretirementgroup.com

Registered Representative of and securities offered through FSC Securities Corporation, Member FINRA / SIPC. Investment Advisor Representative of and Advisory Services Offered Through The Retirement Group, LLC or FSC advisory. The Retirement Group, LLC and FSC Financial are not affiliated companies

We are FINRA licensed in: ARIZONA, ARKANSAS, CALIFORNIA, COLORADO, FLORIDA, GEORGIA, ILLINOIS, INDIANA, KANSAS, MICHIGAN, MISSISSIPPI, MISSOURI, NEVADA, NEW HAMPSHIRE, NEW JERSEY, NEW YORK, NORTH CAROLINA, OKLAHOMA, OREGON, PENNSYLVANIA, SOUTH CAROLINA, TEXAS, TENNESSEE, WASHINGTON, WISCONSIN.

Corporate Offices
10675 Sorrento Valley Rd. Suite 100 San Diego, CA 92121