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A certificate evidencing the obligation to pay an installment of interest or a dividend that must be cut and presented to its issuer for payment when it is due.

Coupons are usually attached to a document, such as a promissory note, bond, share of stock, or a bearer instrument. A coupon is a written contract for the payment of a definite amount on a specified date according to the terms of the main document from which it must be separated for presentation for payment. Each coupon represents a separate promise by its issuer to pay its holder on the due date. Failure to do so will support a Cause of Action for breach of contract.


noun allocation, card, certificate, check, cheque, credit, credit check, detachable part of a certificate, detachable portion, dividend, interest certificate, interim dividend, negotiable instrument, note, premium bond, preeium certificate, redeemable part, redemption slip, sepaaable part of a certificate, separate ticket, share-out, slip, stub, ticket, token, voucher, written instrument
Associated concepts: coupon bond, coupon book, coupon interest, coupon note
See also: security, stock
References in periodicals archive ?
We hope to see all Robi users browsing the web, sharing pictures, commenting on social media, reading email and doing even more on the web with the Free Internet Coupon.
Until there is a secure way of offering Internet coupons that will minimize fraud, I don't think you will see many manufacturers running out do it.
has introduced a program to provide its Ralphs Club Cardholders with discounts on leading national brands via paperless Internet coupons.
Samiksh Aggarwal, AVP - Sales (Data Networks), Sterlite Tech - Elitecore, added, "24online HIA has enabled Sarovar Group to generate customised internet plans and prepaid internet coupons as per their requirements.
Internet coupons might be a great way to save money on toilet paper and cereal, but discounts on cosmetic procedures like wrinkle-smoothing Botox injections or chemical peels - which aren't covered by health insurance - have some in the medical community concerned.
Internet coupons represented just 1% of the total coupons printed in 2008.
This tally includes FSIs, on-pack offers and Internet coupons, but excludes retailer coupons.

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