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KNOWLEDGE BASE

Grain Glossary

Get an overview of financial terms and their definitions.

A

A

B

B

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C

D

D

E

E

F

F

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G

H

H

I

I

K

K

L

L

M

M

N

N

O

O

P

P

Q

Q

R

R

S

S

T

T

U

U

V

V

W

W

X

X

Z

Z

Z


Zero Coupon Bond

A zero-coupon bond is a type of bond that does not pay periodic interest to the bondholder. Instead, the bond is issued at a discount to its face value, and the bondholder receives the face value of the bond at maturity. The difference between the purchase price and the face value represents the return to the bondholder, which is the equivalent of the interest that would have been paid out in periodic coupons.

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