Meaning Z BOND: A bond on which interest accrues but is not currently paid to the investor but rather is added to the principal balance of the Z bond and becoming payable upon satisfaction of all prior bond classes
More terms such as Z bond in Dictionary Z.
- Definition Zombies:
- Examples Companies that continue operation while they await merger or closure, even though they are insolvent and bankrupt z bond.
- Definition Zero-Bracket Amount:
- Examples The standard deduction portion of income which is not taxed for taxpayers choosing not to itemize deductions z bond.
- Definition Zero Uptick:
- Examples Related: Tick-test rules z bond.
- Definition Zero-Balance Account (ZBA):
- Examples A checking account in which zero balance is maintained by transfers of funds from a master account in an amount only large enough to cover checks presented z bond.
- Definition Zero-Coupon Convertible Security:
- Examples convertible into the common stock of the issuing company after the stock reaches a certain price, using a put option inherent in the security.Also refers to zero-coupon bonds, which are convertible z bond.
