detachable part of a certificate
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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
coupon — The interest rate on a debt instrument expressed in terms of a percent on an annualized basis that the issuer guarantees to pay the holder until maturity. Chicago Board of Trade glossary coupon, coupon rate (1) The rate of interest received by… … Financial and business terms
coupon — cou·pon (ko͞o’pŏn′, kyo͞o’ ) n. 1) A code or detachable part of a ticket, card, or advertisement that entitles the holder to a certain benefit, such as a cash refund or a gift. 2) a) A periodic interest payment due to the holder of a bond. b) The … Word Histories
coupon — /ˈkupɒn / (say koohpon) noun 1. a separable part of a certificate, ticket, advertisement, etc., entitling the holder to something. 2. one of a number of such parts calling for periodical payments on a bond. 3. a separate ticket or the like, for a …
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