coupon

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Coupon

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.

coupon

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 ?
One trend to make mobile and Internet coupons easier for shoppers is the ability to link digital offers to loyalty cards.
How to access the free internet : To take advantage of the free internet offer, Robi users just need to open the Opera Mini browser on their phones and click on the Free Internet Coupon icon.
Hannaford loss-prevention officials quickly learned about the problem and stopped accepting Internet coupons.
Informational Fruth Pharmacy On-line refills coming soon; Internet coupons; interactive Giant Eagle Interactive; coupons Gresham Drugs On-line shopping indicated, but do not provide the types of products sold H-E-B Foods/Drugs Limited categories of products available Hannaford Bros.
Kroger's Ralphs division earlier this year launched a program to provide its Ralphs Club cardholders with discounts on leading national brands via paperless Internet coupons.
An increasing number of supermarket operators have tapped into the Web to explore Internet coupons and other online marketing strategies in an effort to build consumer relationships and sales.

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