- A certificate of interest due, printed at the bottom of
transferable bonds (state, railroad, etc.), given for a term of years,
designed to be cut off and presented for payment when the interest is
due; an interest warrant. - A section of a ticket, showing the holder to be entitled to
some specified accomodation or service, as to a passage over a
designated line of travel, a particular seat in a theater, or the like.
Coupon Coupon refers certificate providing a price reduction for consumers who buy a specific product; distributed by manufacturers and
Coupon or bearer bond Coupon or bearer bond one with dated coupons attached, which the bondholder must cut off and mail to the company to collect interest.
Coupon bond Coupon bond is a credit market instrument that pays the owner a fixed interest payment every year until the maturity date, when specified final amount is repaid.
Zero Coupon Bond Zero Coupon Bond is a bond issued at a discount (i.e. below par value), earning no interest but redeemable at its par value, thus providing a
Coupon Rate Coupon Rate is the stated interest rate on a bond.
Zero-coupon-for-floating swap The Zero-coupon-for-Floating swap is a special type of interest rate swap. The fixed rate payer makes a single payment at the ...
Definition
[ n.]