💡 What Is The Meaning Of Cash Coupon? - Clever.net

What Is The Meaning Of Cash Coupon?

What is a Cash Voucher? 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.

What is an example of a coupon?

A paper entitling you to 10 percent off of a meal in a restaurant is an example of a coupon. The part of a savings bond that you can detach and use to redeem interest payments is an example of a coupon. One of a set of small certificates that may be detached from a bond certificate and redeemed for interest payments.

Best 12 Definitions of Coupon - YourDictionary

What is the full meaning of coupon?

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.

Coupon Definition & Meaning - Merriam-Webster

Why is it called a coupon?

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