coupon

Definitions

Accounting

Banking

  • noun a piece of paper which replaces an order form

Economics

  • noun a piece of paper from a producer or supplier which is given as a gift and which must be exchanged for a certain product

Health Economics

  • (written as Coupon)
    The annual rate of interest on a bond's face value that the issuer promises to pay the bondholder. The term originates from the fact that coupons were once actually attached to bonds and had to be cut off or 'clipped' to receive the due interest.
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