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zero coupon bond

n.
1.a bond that is issued at a deep discount from its value at maturity and pays no interest during the life of the bond

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  • zeroth law of thermodynamics
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  • Idiom of the Day

    jump out of one's skin
    to be badly frightened
    I nearly jumped out of my skin when I saw the man at the window.



    1.
    He said he'd read my funny story and had laughed twice, which was a sort of back ________ compliment.

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