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A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond.
In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond. Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
Discounts and allowances are reductions to a basic price of goods or services. They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list ...
From June 2012 to December 2012, if you bought shares in companies when Marissa A. Mayer joined the board, and sold them when she left, you would have a 4.1 percent return on your investment, compared to a 11.6 percent return from the S&P 500.
Funds allocated for state institutions' purchases of goods and services will be reduced by 10% and those for investment will be cut by 15%, while the number of new public sector personnel would...