Zero-Coupon Bond: Pricing, Taxes, and STRIPS Explained
Warren Team
Continue learning
Related articles
Compare side by side
Key terms
- BondA fixed-income investment where an investor loans money to an entity (government or corporation) that borrows the funds for a defined period at a fixed interest rate.
- Treasury BondA long-term (20-30 year) debt security issued by the US government. Considered one of the safest investments, pays interest semi-annually. Used to benchmark other interest rates.
- Zero LiabilityA fraud protection policy ensuring cardholders aren't responsible for unauthorized charges. Federal law caps liability at $50, but most issuers offer complete zero liability protection.
- Room and BoardThe combined cost of housing and meal plans at a college or university, which is a significant portion of the overall cost of attendance. Room and board costs vary depending on whether you live on campus, off campus, or at home, and the type of meal plan you select. Many colleges require first-year students to live on campus and purchase a meal plan.
Get your first personalized plan in minutes
Free to start, no credit card required. Warren reads your accounts, it never moves money.