According to the Etymology Online Dictionary, the term first appeared in the English language meaning a ‘certificate of interest due on a bond’ in 1822. It was a certificate that the owner could cut from the bond and present for payment. The word came from FrenchCoupon, which means ‘a ...
The meaning of COUPON is 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. How to use coupon in a sentence.
1.The annual interest paid on a debt security. A coupon is usually stated in terms of the rate paid on a bond's face value. For example, a 9% coupon, $1,000 principal amount bond would pay its owner $90 in interest annually. A coupon is set at the time a security is issued and...
The meaning of COUPON is 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. How to use coupon in a sentence.
The zero can also have the same meaning as a circle. The circle symbolizes infinity, completeness, and wholeness, the circle of life and the eternal unknown. You the dreamer may have come to a greater degree of spiritual awareness, and the dream could be spiritual in nature. However, as ...
Finance.one of a number of small detachable certificates calling for periodic interest payments on a bearer bond.Comparecoupon bond. Metallurgy.a sample of metal or metalwork submitted to a customer or testing agency for approval. Discover More ...
Twitter Google Share on Facebook coupon stripping Thepurchaseofordinarybonds(usually,U.S.Treasurybonds)thatarethenrepackagedsuchthatthereceiptstointerestandcorpuspaymentsaresoldseparately.Theeffectis totransformasecuritypayingregularinterestintozero-couponreceiptsofvaryingmaturities.SoldunderavarietyofnamessuchasCATS...
Twitter Google Share on Facebook Coupon Dictionary Thesaurus Financial Encyclopedia Wikipedia Related to Coupon:coupon bond A certificate evidencing the obligation to pay an installment of interest or a dividend that must be cut and presented to its issuer for payment when it is due. ...
Thus Cube Bank will pay $463.19 and will receive $1000 at the end of 10 years, i.e., on the maturity of the Zero Coupon Bond, thereby earning an effective yield of 8%. Example #2 When we talk about bond markets, we usually talk about the bond market in the United States or in ...
The meaning of COUPON CLIPPER is a wealthy and idle person whose chief labor is clipping and cashing bond coupons.