The interest rate on a debt instrument expressed in terms of a percent on an annualized basis that the issuer guarantees to pay the holder until maturity. Chicago Board of Trade glossary
coupon, coupon rate
(1) The rate of interest received by the holder of a security. Not necessarily the same as the yield realized by the holder.
See rate.
(2) For pass-through securities, the holder's coupon rate is the gross coupon of the underlying loans less servicing fees and any agency guarantee fees. American Banker Glossary
The contractual interest obligation a bond or debenture issuer covenants to pay to its debtholders. Bloomberg Financial Dictionary
The rate of interest payable on a bond. For example a bond with a 10% coupon and a nominal value of £100 will pay annual interest of £10 in total, regardless of the price at which the bond is trading in the market. Dresdner Kleinwort Wasserstein financial glossary
( i) On bearer stocks, the detachable part of the certificate exchangeable for dividends.
(ii) Denotes the rate of interest on a fixed-interest security. Exchange Handbook Glossary
The interest rate on a fixed-interest security.
Generally, the nominal annual rate of interest of a fixed income security expressed as a percentage of the principal value. This interest is paid to the holder of the security by the borrower. The coupon is generally paid annually, semi-annually or, in some cases quarterly depending on the type of security. LIFFE
This is a regular payment received by the bondholder over the lifetime of the bond. The coupon rate is expressed as a percentage of the face value of the bond. London Stock Exchange Glossary
Interest paid to the holder of a bond. See Dividend NYSE Euronext Glossary

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coupon cou‧pon [ˈkuːpɒn ǁ -pɑːn] noun
1. [countable] FINANCE a small piece of paper attached to certain types of bond, that you tear off and hand in so as to receive interest:

• The frequency of coupon payments can differ between bonds; for example, some bonds pay coupons quarterly, others pay coupons annually.

2. [singular] FINANCE the rate of interest paid on bonds:

• a new two-year bond with a 10% coupon

• The high coupon is there to compensate high risk.

3. [countable] a printed piece of paper given to customers by the seller of a product, allowing the customer to pay less than usual for the product when they next buy it, or to get a free gift:

• a 20p-off coupon

4. [countable] a printed piece of paper given to people by the government, allowing them to buy a particular product or get something for free, usually during a war:

• ration coupons

• petrol coupons

— see also international reply coupon

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   The interest paid on a bond expressed as a percentage of the face value. If a bond carries a fixed coupon, the interest is paid on an annual or semi-annual basis. The term also describes the detachable certificate entitling the bearer to payment of the interest.
   ► See also Bullet Bond, Bearer Forms (Bearer Shares).

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coupon UK US /ˈkuːpɒn/ noun [C]
COMMERCE a piece of paper or card that customers can use to buy goods and services at a lower price, or to get them free: »

This week shoppers can use discount coupons to get money off gasoline.

cut out/clip a coupon »

Clip this coupon for $10 off your next purchase.


money-saving/money-off coupons

(also coupon rate) FINANCE the rate of interest that is paid on a bond: »

The bonds have a coupon of 6.25 per cent.


a high-coupon/low-coupon bond

FINANCE a part of a printed bond that can be separated from it when the bond's owner wants to be paid interest by the issuer (= organization from which it was bought): »

The Securities of this series are issuable only in registered form without coupons in denominations of $1,000.

See also INTERNATIONAL REPLY COUPON(Cf. ↑international reply coupon), ZERO COUPON BOND(Cf. ↑zero coupon bond)

Financial and business terms. 2012.

Игры ⚽ Нужно решить контрольную?

Look at other dictionaries:

  • coupon — [ kupɔ̃ ] n. m. • v. 1223; de couper 1 ♦ Fin d une pièce d étoffe. Coupons en solde. Pièce d étoffe roulée. 2 ♦ Fin. Feuillet que l on détache d un titre et sur la présentation duquel l établissement émetteur paye les intérêts, les dividendes.… …   Encyclopédie Universelle

  • coupon — cou·pon / kü ˌpän, kyü / n [French, from Old French, piece, from couper to cut]: a statement of due interest to be cut from a debt instrument and esp. a bearer bond when payable and presented for payment; also: the interest rate of a coupon… …   Law dictionary

  • coupon — [ko͞o′pän΄, kyo͞o′pän] n. [Fr, remnant, coupon < couper, to cut: see COUP] 1. a detachable printed statement on a bond, specifying the interest due at a given time: each coupon on a bond is presented for payment at the proper time 2. a… …   English World dictionary

  • Coupon — Cou pon (k?? p?n; F. k?? p?n ), n. [F., fr. couper to cut, cut off. See {Coppice}.] 1. (Com.) A certificate of interest due, printed at the bottom of transferable bonds (state, railroad, etc.), given for a term of years, designed to be cut off… …   The Collaborative International Dictionary of English

  • coupon — COUPON. s. mas. Petit reste d une pièce d étoffe ou de toile. Un coupon de toile de batiste. [b]f♛/b] Il se dit aussi Des papiers portant intérêts, et dont on coupe une partie à chaque échéance …   Dictionnaire de l'Académie Française 1798

  • coupon — 1822, certificate of interest due on a bond (which could be cut from the bond and presented for payment), from Fr. coupon, lit. piece cut off, from couper to cut, from coup a blow (see COUP (Cf. coup)). Meaning widened to discount ticket 1860s by …   Etymology dictionary

  • Coupon — Coupon, Kupon: Die Bezeichnung für »Abschnitt (auf Wertpapieren); Stoffrest« wurde im 18. Jh. aus gleichbed. frz. coupon entlehnt, das zu frz. couper »‹ab›schneiden« gehört …   Das Herkunftswörterbuch

  • coupon — Coupon. s. m. Petite piece de toile fine & claire, Un coupon de toile de baptiste …   Dictionnaire de l'Académie française

  • Coupon — (franz., spr. kupóng, v. couper, schneiden), allgemein: Abschnitt, z. B. Tuchrest, abzutrennender Teil von Einlaßkarten, Fahrscheinen etc.; insbesondere (Zinscoupon, Zinsleiste, Zinsschein) Name der den Staats und andern öffentlichen Papieren,… …   Meyers Großes Konversations-Lexikon

  • Coupon — (frz., spr. kupóng), Abschnitt, von einem Ganzen abzutrennender Zettel als Beleg; Zins C. (Dividendenscheine), die den öffentlichen Schuldscheinen und Aktien in Bogen (Zinsbogen) beigegebenen Quittungen, die zur Erhebung der Zinsen und Dividenden …   Kleines Konversations-Lexikon

  • Coupon — Coupon, Kupo, Rechnungsmünze auf den Sundainseln = 5 Sgr. 21/4 Pf. = 15 kr. C. M …   Herders Conversations-Lexikon

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