Definition DE: Anleihe, die nicht laufend verzinst, sondern stark unter pari emittiert und bei Fälligkeit zum Nominalwert eingelöst wird.

Definition DE: Anleihe, die nicht laufend verzinst, sondern stark unter pari emittiert und bei Fälligkeit zum Nominalwert eingelöst wird.

Definition EN: 1.a security paying only one cash flow during its life. For the purpose of this document, zero coupon bonds include securities issued at a discount and securities which deliver a single coupon at maturity. A strip is a special type of zero coupon bond

Definition DE: 1.Wertpapier, bei dem während der gesamten Lauf-zeit nur eine Zahlung anfällt. Im vorliegenden Dokument umfassen Nullkuponanleihen Wert-papiere, die unter Abzug eines Diskonts begeben werden, und Wertpapiere, bei denen eine einzige Zinszahlung bei Fälligkeit erfolgt. Strips sind eine besondere Art von Nullkuponanlei-hen.

Definition EN: debt instrument issued by government and large companies which do not carry a coupon or dividend.Accordingly they are offered at a large discount on their eventual maturity value thus providing capital growth

Definition EN: debt instrument issued by government and large companies which do not carry a coupon or dividend.Accordingly they are offered at a large discount on their eventual maturity value thus providing capital growth

Definition EN: a portfolio constructed to represent the risk-free asset,that is,having a beta of zero

Definition EN: a basic tax exemption in tax systems which impose a progressive income tax levied at a graduated rate,available to taxpayers with income that is within the first,or lower bracket

Definition DE: Bestimmung im Insolvenzrecht einiger Länder nach der Geschäfte eines geschlossenen Instituts rückwirkend ab Null Uhr des Tages, für den die Schliessung angeordnet wurde, unwirksam sind

Definition EN: a bond that pays no interest but is sold at a steep discount and is paid off at par

Definition EN: zero-rated supplies are technically taxable, although the rate of tax is nil; the VAT charged on inputs relating to them can be reclaimed like other input tax

Definition EN: Circumstances in which the gain of one participant is the loss of the other.

Definition EN: the setting of some acquisition expenses of long-term business against mathematical reserves as opposed to their amortisation

Definition EN: all credit institutions authorized in the Member States,in accordance with Article 3 of Directive 77/780/EEC,including their branches in third countries,and all private and public undertakings covered by the definition in the first indent of Article 1 of Directive 77/780/EEC and authorized in other Zone A countries,including their branches

Definition DE: alle gemäß Artikel 3 der Richtlinie 77/780/EWG in den Mitgliedstaaten zugelassenen Kreditinstitute einschließlich ihrer Zweigstellen in Drittländern sowie alle unter die Definition nach Artikel 1 erster Gedankenstrich der Richtlinie 77/780/EWG fallenden privaten und öffentlichen Unternehmen, die in anderen Ländern der Zone A zugelassen sind, einschließlich ihrer Zweigstellen

Definition EN: all countries not in Zone A

Definition DE: bezeichnet alle übrigen Länder

Definition EN: all private and public undertakings authorized outside Zone A covered by the definition in the first indent of Article 1 of Directive 77/780/EEC,including their branches within the Community

Definition DE: alle privaten und öffentlichen Unternehmen, die außerhalb der Zone A zugelassen sind und der Definition in Artikel 1 erster Gedankenstrich der Richtlinie 77/780/EWG genügen, einschließlich ihrer Zweigstellen in der Gemeinschaft

Definition EN: The leading retail and commercial bank in Croatia

Definition EN: Zero-hour clause: a provision in the bankruptcy laws of some countries which may retroactively render transactions of a closed institution ineffective after 0.00 a.m. on the date on which the institution is ordered to be closed.

Definition EN: a type of VAT rate

Definition EN: Method of setting budgets for corporations and government agencies that requires a justification of all expenditures, not only those that exceed the prior year's allocations. Thus all budget lines are said to begin at a zero base and are funded according to merit rather than according to the level approved for the preceding year, when circumstances probably differed.

Definition EN: The process of preparing an operating plan or budget that starts with no authorized funds. In a zero-based budget, each activity to be funded must be justified every time a new budget is prepared.

Definition EN: A yield curve for zero-coupon bonds; zero rates versus maturity dates. Since the maturity and duration (Macaulay duration) are identical for zeros, the zero curve is a pure depiction of supply/demand conditions for loanable funds across a continuum of durations and maturities. Also known as spot curve or spot yield curve.

Definition EN: They derive their name from the Bulgarian abbreviation of the Law on Settlement of the Non-performing Credits, in force as from December 1993. The non-performing debts of state-owned enterprises accumulated during the pre-reform period were transformed into public debt and securitized by long-term government bonds. The bonds replaced the bad loans in state-owned banks portfolios and can be bought on the secondary market only.