Glossary
/ZCB Full Form
What is the Full Form of ZCB?
The full form of ZCB is Zero Coupon Bond.
Don't expect any yearly interest payouts from this. You buy it at a deep discount to its actual face value, and the bond pays absolutely nothing until it finally matures. The profit you make is the huge gap between what you paid and what the company pays you at the end. Because of that compounding effect without annual payouts, they are great for people who don't need regular income but want a guaranteed lump sum years down the line.
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