Terms Beginning With 'z'

Zero-Coupon Certificate of Deposit (CD)

  • January 17, 2020
  • Team Kalkine

A Zero-Coupon Certificate of Deposit is the certificate of deposit which is bought at a rate lower than its face value, i.e. at a discount and the interest payment is received at the maturity date of the Certificate of Deposit. Zero-Coupon Certificate of Deposits are a tool of minimum risk for investing and saving but an investor has to wait for a longer period to receive the interest payments.

x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK