- First Coupon
- The date on which an initial interest payment is due to the holder of a bond.
Financial and business terms. 2012.
First Coupon
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Short First Coupon — The first interest payment on a recently issued bond which is less than the normal semi annual or annual payment … Financial and business terms
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coupon — cou·pon (ko͞o’pŏn′, kyo͞o’ ) n. 1) A code or detachable part of a ticket, card, or advertisement that entitles the holder to a certain benefit, such as a cash refund or a gift. 2) a) A periodic interest payment due to the holder of a bond. b) The … Word Histories
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