negotiable coupons

negotiable coupons
The interest coupons attached to bonds upon the issuance of the bonds, payable to order or bearer upon their face without reference to any other paper. 12 Am J2d Bonds § 56. 43 Am J1st Pub Sec § 164.

Ballentine's law dictionary. . 1998.

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  • coupons — Interest and dividend certificates; also those parts of a commercial instrument which are to be cut, and which are evidence of something connected with the contract mentioned in the instrument. They are generally attached to certificates of loan …   Black's law dictionary

  • coupons — Interest and dividend certificates; also those parts of a commercial instrument which are to be cut, and which are evidence of something connected with the contract mentioned in the instrument. They are generally attached to certificates of loan …   Black's law dictionary

  • negotiable bonds — Bonds issued by private corporations, payable to order or bearer, whether the interest coupons are attached or detached. 12 Am J2d Bonds § 51. Bonds issued by the United States, the states, municipalities, and other political subdivisions which… …   Ballentine's law dictionary

  • Helvering v. Horst — Infobox SCOTUS case Litigants = Helvering v. Horst ArgueDate = October 25 ArgueYear = 1940 DecideDate = November 25 DecideYear = 1940 FullName = Helvering v. Horst USVol = 311 USPage = 112 Citation = Prior = Subsequent = Holding = The Court held… …   Wikipedia

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  • bond — 1 n 1 a: a usu. formal written agreement by which a person undertakes to perform a certain act (as appear in court or fulfill the obligations of a contract) or abstain from performing an act (as committing a crime) with the condition that failure …   Law dictionary

  • Morgan v. United States (1885) — Morgan v. United States Supreme Court of the United States Argued January 12, 1885 Decided March 2, 1 …   Wikipedia

  • security — Protection; assurance; indemnification. The term is usually applied to an obligation, pledge, mortgage, deposit, lien, etc., given by a debtor in order to assure the payment or performance of his debt, by furnishing the creditor with a resource… …   Black's law dictionary

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