| 单词 | coupon |
| 释义 | coupon coupon1. One of several dated slips attached to a bond, which must be presented to the agents of the issuer or the company to obtain an interest payment or dividend. They are usually used with bearer securities; the coupon yield is the yield provided by a bearer bond. coupon stripping A financial process in which the coupons are stripped off a bearer bond and then sold separately as a source of cash, with no capital repayment; the bond, bereft of its coupons, becomes a zero-coupon bond and is also sold separately. coupon yieldSeecoupon. |
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