A Zero-Coupon Convertible is a financial instrument for flat income that has two characteristics, zero coupon and convertible, and is a combination of the same. Since it is a zero coupon, the bond need not pay any interest and is convertible into the stock issued by the issuer at a specified price of conversion.

Related Definitions

Command Economy
Variable Overhead
Unclaimed Funds
Proof of Stake (PoS)
Loan-to-Cost Ratio (LTC)