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Additionally, court documents said Brown owes hundreds of thousands in credit card debt and $296 to a South Florida plumber. He filed for Chapter 11 bankruptcy, claimed less than $50,000 in assets ...
t. e. A zero-coupon bond (also discount bond or deep discount bond) is a bond in which the face value is repaid at the time of maturity. [1] Unlike regular bonds, it does not make periodic interest payments or have so-called coupons, hence the term zero-coupon bond. When the bond reaches maturity, its investor receives its par (or face) value.