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coupon bond
noun
- a bond, usually a bearer bond, that pays interest by means of coupons with specific cash values.
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Word History and Origins
Origin of coupon bond1
An Americanism dating back to 1860–65
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Example Sentences
The woman who does not know the difference between a registered and coupon bond should be ashamed to acknowledge such ignorance.
From Project Gutenberg
Coupon Bond—Bonds to which are attached coupons calling for the payment of interest.
From Project Gutenberg
If a coupon bond is lost or destroyed, however, the owner cannot collect the amount of the bond.
From Project Gutenberg
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