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A coupon bond is actually a credit card debt obligation with coupons connected that characterize semiannual interest payments, also known as a "bearer bond."
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one : a statement of because of curiosity to get Slash from a bearer bond when payable and offered for payment also : the fascination amount of the coupon two : a little piece of paper that allows one to secure a company or product or service for free or at a cheaper price: for instance a : one of a series of hooked up tickets or certificates usually to become detached and offered as needed b : a ticket or sort authorizing buys of rationed commodities c : a certificate or very similar evidence of a order redeemable in premiums d : a Section of a printed ad for being Slice off to use as an buy blank or inquiry form or to acquire a discount on products or expert services
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reserve token - a gift voucher that can be exchanged for textbooks costing up to an sum supplied on the voucher
Coupons are minimal time price savings provide. Complete personal savings decreases as presents are picked. Coupons aren't accessible for all brands all the time.
You'll be able to generally clip obtainable coupons to your favorite retail outlet loyalty system no matter what product you might be on. No printing necessary.
During the eu sovereign-personal debt disaster, some zero-coupon sovereign bonds traded earlier mentioned their experience worth as traders had been ready to pay back a premium for the perceived Harmless-haven position these investments maintain. The difference between the worth as well as the confront benefit delivers the bondholder Along with the good return that makes paying for the bond worthwhile.
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Several coupons, a person for each scheduled fascination payment, were being printed to the certificate. With the date the coupon was due, the proprietor would detach the coupon and current it for payment (an act termed "clipping the coupon").[two]
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two. (Banking & Finance) considered one of quite a few detachable certificates attached to a bond, esp a coupon mall bearer bond, the surrender of which entitles the bearer to acquire fascination payments