coupon bond

coupon bond
A bond in which the interest payable separately from the principal is represented by detachable coupons. Amey v Allegheny City (US) 24 How 364, 16 L Ed 614; Tennessee Bond Cases, 114 US 663, 29 L Ed 281, 5 S Ct 1098. See coupon.

Ballentine's law dictionary. . 1998.

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  • coupon bond — noun a bond issued with detachable coupons that must be presented to the issuer for interest payments • Syn: ↑bearer bond • Hypernyms: ↑bond, ↑bond certificate …   Useful english dictionary

  • coupon bond — a bond, usually a bearer bond, that pays interest by means of coupons with specific cash values. [1860 65, Amer.] * * * …   Universalium

  • Coupon Bond — A debt obligation with coupons attached that represent semiannual interest payments. Also known as a bearer bond . No record of the purchaser is kept by the issuer, and the purchaser s name is not printed on the certificate …   Investment dictionary

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  • zero coupon bond — A type of debt security that does not pay periodic interest. Zero coupon securities are bought and sold at prices that are less than the par value of the securities. The discount, or difference between the principal paid to purchase the security… …   Financial and business terms

  • registered coupon bond — registered (coupon) bond n. A long term, interest bearing instrument, in the form of a certificate, issued to the public by a corporate or governmental entity as a way to borrow money and registered on the books of the issuer. The obligor… …   Law dictionary

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