What Is Coupon In Simple Words?
1 : a ticket or form that allows the holder to receive some service, payment, or discount. 2 : a part of an advertisement meant to be cut out for use as an order blank. coupon. noun.
What is a coupon and how is it used?
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.
Coupon - Wikipedia
What is a coupon in business terms?
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
What is the meaning of cash coupon?
A cash voucher is a standard form used to document a petty cash payment. When someone wants to withdraw cash from the petty cash fund, that person fills out the cash voucher to indicate the reason for the withdrawal, and receives cash from the petty cash custodian in exchange.
Cash voucher definition - AccountingTools
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