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bond certificate vs zero coupon bond

zero coupon bond vs bond certificate

bond certificate and zero coupon bond both are nouns.

Word NounAdjectiveVerbAdverb
bond certificate Yes No No No
zero coupon bond Yes No No No
As nouns, zero coupon bond is a hyponym of bond certificate; that is, zero coupon bond is a word with a more specific, narrower meaning than bond certificate:
  • bond certificate: a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal
  • zero coupon bond: a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security
bond certificate (noun) zero coupon bond (noun)
a certificate of debt (usually interest-bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the principal a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond; the commonest form of zero-coupon security
Difference between bond certificate and zero coupon bond

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