coupon note

coupon note
A promissory note with coupons attached, the coupons being notes for the interest, written at the bottom of the note and designed to be cut off when the notes are presented for payment or paid. Williams v Moody, 95 Ga 8, 11. See coupon; coupon bond; coupon note; interest coupons.

Ballentine's law dictionary. . 1998.

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Look at other dictionaries:

  • coupon — cou·pon / kü ˌpän, kyü / n [French, from Old French, piece, from couper to cut]: a statement of due interest to be cut from a debt instrument and esp. a bearer bond when payable and presented for payment; also: the interest rate of a coupon… …   Law dictionary

  • zero-coupon note — noun A promissory note that pays at maturity the value of the note with no separate interest payments, the effective interest arising from the discounted purchase price. Syn: discount note …   Wiktionary

  • note — 1 n 1 a: a written promise to pay a debt; specif: promissory note in this entry bank note: a promissory note issued by a bank payable to bearer on demand but without interest and circulating as money cog·no·vit note /käg nō vit , kōg /: a note in …   Law dictionary

  • deferred coupon note — /dɪˌfɜ:d ku:pɒn nəυt/ noun a bond where the interest is not paid immediately, but only after a certain date …   Dictionary of banking and finance

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  • Coupon-Stripping — Verzinsliches Wertpapier ist der Sammelbegriff für alle Formen von zinstragenden bzw. bringenden Wertpapieren (wie z. B.: Schuldverschreibung, Anleihe, Pfandbrief, Rentenpapier, Obligation, international auch: Bond oder Debenture), die in der… …   Deutsch Wikipedia

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  • Zero-coupon bond — Financial markets Public market Exchange Securities Bond market Fixed income Corporate bond Government bond Municipal bond …   Wikipedia

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