- bond, coupon
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n.A bond sold with a book of coupons that may be clipped when they come due and redeemed for interest.
The Essential Law Dictionary. — Sphinx Publishing, An imprint of Sourcebooks, Inc. Amy Hackney Blackwell. 2008.
bond, coupon
Look at other dictionaries:
coupon — cou·pon / kü ˌpän, kyü / n [French, from Old French, piece, from couper to cut]: a statement of due interest to be cut from a debt instrument and esp. a bearer bond when payable and presented for payment; also: the interest rate of a coupon… … Law dictionary
bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure … Law dictionary
coupon bond — see bond 2 Merriam Webster’s Dictionary of Law. Merriam Webster. 1996. coupon bond n. A bond tha … Law dictionary
bond yield — USA bond yield, Also referred to as yield. One of several numbers describing the annual interest rate paid by a bond: • coupon refers to the annual interest rate paid by a bond that is expressed as a percentage of its par value. This coupon rate… … Law dictionary
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary
bond — A certificate or evidence of a debt on which the issuing company or governmental body promises to pay the bondholders a specified amount of interest for a specified length of time, and to repay the loan on the expiration date. A long term debt… … Black's law dictionary
bond certificate — noun a certificate of debt (usually interest bearing or discounted) that is issued by a government or corporation in order to raise money; the issuer is required to pay a fixed sum annually until maturity and then a fixed sum to repay the… … Useful english dictionary
Bond Washing — The practice of selling a bond just before it pays a coupon payment and then buying it back once the coupon has been paid. Bond washing results in a tax free capital gains because after the coupon has been paid, the bond will sell for less. Bond… … Investment dictionary
bond washing — The process of selling a bond cum dividend and then repurchasing the bond ex dividend, designed to convert the coupon element of the bond s price into a capital gain, rather than receiving the coupon as income. This does not however, affect the… … Financial and business terms
bond — Synonyms and related words: Fannie Mae, Federal Agency bond, Ginnie Mae, Oregon boat, Series E bond, Series H bond, accident insurance, accord, accouple, accumulate, actuary, addition, adherence, adhesion, adhesive, adjunct, adjustment bond,… … Moby Thesaurus
