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zero coupon bond vs bond certificate

bond certificate vs zero coupon bond

zero coupon bond and bond certificate both are nouns.

Word NounAdjectiveVerbAdverb
zero coupon bond Yes No No No
bond certificate Yes No No No
As nouns, bond certificate is a hypernym of zero coupon bond; that is, bond certificate is a word with a broader meaning than zero coupon bond:
  • 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: 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
Other hypernyms of zero coupon bond include bond, zero-coupon security, zero coupon security.
zero coupon bond (noun) bond certificate (noun)
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 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
Difference between zero coupon bond and bond certificate

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