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coupon bond

American

noun

a bond, usually a bearer bond, that pays interest by means of coupons with specific cash values.

Etymology

Origin of coupon bond

An Americanism dating back to 1860–65

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

Bitcoin is the new age version of a no coupon bond issued at a 99% discount with the network effects of a tech company.

From Fox News • Feb. 14, 2022

By contrast, the interest on a coupon bond is periodically paid out rather than compounded, so the investment does not balloon in value.

From Time Magazine Archive

A coupon bond is one which has interest coupons attached to it, which may be clipped off and presented to the treasury for payment as the interest becomes due.

From Government in the United States National, State and Local by Garner, James Wilford

Securities -- N. securities, stocks, common stock, preferred stock, bonds, puts, calls, options, option contract, warrants, commercial paper, bearer bond, tax-exempt bond, callable bond, convertable bond†. share, stock certificate; coupon, bond coupon. liquid assets.

From Roget's Thesaurus of English Words and Phrases by Roget, Peter Mark

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023