Luxweb Finance, le monde de la finance au Luxembourg

Glossary	Financial Newsletter
This glossary contains over 500 financial terms and definitions to help you get a better understanding of the world's financial markets. Select from the following menu to start navigating through the Luxweb Finance glossary.

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ZDP	Zero Dividend Preference, these shares pay no income but have a fixed redemption value. They are issued below this level and experience a 'pull to redemption' as they approach repayment.
Zero Coupon Bond	A bond that pays no interest but is issued well below par to provide a large capital return on redemption.