coupon bond

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Definitions from WordNet

Noun coupon bond has 1 sense

coupon bond, bearer bond - a bond issued with detachable coupons that must be presented to the issuer for interest payments
--₁ is a kind of bond, bond certificate

Definitions from the Web

Coupon Bond

Definition

A coupon bond is a type of bond that has attached coupons that can be detached and redeemed periodically for interest payments. It is a debt instrument issued by corporations or governments to raise funds from investors. Coupon bonds are also known as bearer bonds.

Example Sentences

1. The company issued coupon bonds to finance its expansion plans.

2. Investors were excited to receive their quarterly interest payments from the coupon bonds they held.

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