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All glossary entries
All glossary entries
Abbreviations
Banking supervision
ECB
Macroprudential policy and financial stability
Monetary policy
Payments and markets
Statistics
Z
-
zero coupon instrument
-
See
discount security (zero coupon instrument) -
zero-hour rule
-
A provision in the insolvency law of some countries whereby the transactions conducted by an insolvent institution after midnight on the date the institution is declared insolvent are automatically ineffective by operation of law. See also
unwind