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

GENERAL LEDGER is the ledger that contains all of the financial accounts of a business; contains offsetting debit and credit accounts (including control accounts).

OUTPUT VAT is VAT on a companys sales. See also VALUE ADDED TAX (VAT).

Suggest a Term

Enter Search Term

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