coupon
Definition 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.
Definition 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.
coupon is in the Advertising, Marketing, & Sales, Investing and Securities & Futures Trading subjects.
coupon appears in the definitions of the following terms:
bearer bond,
coupon rate,
coupon stripping,
free standing insert,
warrant,
stripped bond,
tranche,
accrual bond,
coupon bond,
strip
and
coupon appears in the other terms: coupon equivalent rate, zero coupon convertible, ex coupon, split coupon bond
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