coupon

Definitions (2)
Related Terms
1. Bonds: (1) Bearer bond's detachable-stub (counterfoil) presented by a bondholder to the bond issuer for receiving interest payment. If coupons are exhausted before the bond's maturity date, the bondholder may apply for a new set. Also called a warrant. (2) Registered bond's interest rate the bond issuer promises to pay until bond matures. For example, a '10 percent coupon' means a 10 percent annual interest rate. Also called coupon rate.
2. Marketing: Discount offer printed in newspapers or magazines, attached to a packaging, or mailed out. A consumer redeems a coupon by presenting it at the time of paying for the discounted product.

Use 'coupon' in a Sentence

I was excited because the item was really expensive, but I had a coupon that would give me over 75 percent off of it.
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The coupon used by the customer was making both parties in the interaction and transaction pleased to be doing business.
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You can put out a coupon to try and get new customers to come into your store if things have been going slow.
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