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Zero coupon bonds
Zero coupon bonds A single-payment bond that grows to its face value over a prescribed time period at a specific interest rate.
RELATED TERMS--------------------------------------
Bond 1) A debt instrument; an obligation to pay; a security issued by a corporation. 2) A written promise that accopmpanies a mortgage and is evidence of the debt secured by the mortgage. 3) An interest-bearing certificate issued by a government to finance public projects.
Value The measure of the monetary equivalent of a property. The four essential elements of value are utility, scarcity, demand and transferability.
Interest Money paid to a lender as compensation for money that is borrowed.
Rate Percentage a borrower pays for the use of money, usually expressed as an annual percentage.
SIMILAR TERMS--------------------------------------
Zero-down payment mortgage A mortgage in which the buyer does not make a down payment and borrows the entire purchase price.
Zero-lot line Placement of a house on a lot so that one wall is on the property boundary.
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Zero coupon bonds
Zero-down payment mortgage A mortgage in which the buyer does not make a down payment and borrows the entire purchase price.
Zero-lot line Placement of a house on a lot so that one wall is on the property boundary.
Zone An area, delineated by a governmental authority, which is authorized for and limited to specific uses.
Zoning The division of a city or town into zones and the application of regulations having to do with the architectural design and structural and intended uses of buildings within such zones.
Zoning ordinance A law by a local governmental authority (e.g., city or county) that sets the parameters for which the property may be put to use.
This dictionary contains 6433 terms. |
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