COUPON Definition

Bookmark and Share

COUPON is: 1) The annual interest rate on a fixed income security, set at the time it was issued, at which that instru­ment will accrue and pay interest. 2) Small pieces of paper attached to nonregistered interest-bearing instru­ments that reflect the semiannual amounts of interest to be paid. These coupons are cut out and tendered on the appropriate coupon dates, and the interest is then paid.

Learn new Accounting Terms

SCA see SUSTAINABLE COMPETITIVE ADVANTAGE.

VEST / VESTING / VESTED, in law, is to give a secured right of present or future award. An entity has a vested right to an asset that cannot be taken away by a third party, even if physical possession of the asset has not yet been realized.

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.