What Do You Mean By Coupon?
Definition of coupon 1 : a statement of due interest to be cut from a bearer bond when payable and presented for payment also : the interest rate of a coupon. 2 : a small piece of paper that allows one to get a service or product for free or at a lower price: such as.
Are coupons money?
A coupon is the same as cash. For example, if you have a $1.00 off coupon on a box of cereal, the cashier takes the coupon as though it were cash. It's not that common any more, but some stores will even double a coupon's face value. Once the cashier accepts the coupon, the store has a problem.
How do store coupons work? - Money | HowStuffWorks
What does coupon mean in business?
What is a coupon? A coupon in the financial world is defined as the annual interest rate paid on a bond that is expressed as a percentage of its face value. This also can be referred to as a bond's coupon rate, coupon percentage rate or nominal yield.
Coupon Definition | Bankrate.com
1. The definition of a coupon is a voucher or code entitling you to a product or a special deal, or a part of a bond that you can detach and send in to get interest. A paper entitling you to 10 percent off of a meal in a restaurant is an example of a coupon.
Best 12 Definitions of Coupon - YourDictionary
The origin of the term "coupon" is that bonds were historically issued in the form of bearer certificates. Physical possession of the certificate was (deemed) proof of ownership. Several coupons, one for each scheduled interest payment, were printed on the certificate.
Coupon (finance) - Wikipedia