Glossary - Z

This section provides an explanation for some of the jargon used to describe structured retail products. If you would like us to add additional words then please let us know by clicking here.

Zaistený fond

Capital Protected Fund in Slovakia

Zero Coupon Bond

A zero coupon bond is a bond that pays no coupons or periodic interest payments. The price of such a bond is therefore at a discount to its final maturity value.