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.

Игры ⚽ Поможем написать курсовую

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

  • Coupon (bond) — Uncut bond coupons on 1922 Mecca Temple (NY, NY, U.S.A.) construction bond A coupon payment on a bond is a periodic interest payment that the bondholder receives during the time between when the bond is issued and when it matures. Coupons are… …   Wikipedia

  • Coupon collector's problem — In probability theory, the coupon collector s problem describes the collect all coupons and win contests. It asks the following question: Suppose that there are n coupons, from which coupons are being collected with replacement. What is the… …   Wikipedia

  • Coupon collector's problem (generating function approach) — The coupon collector s problem can be solved in several different ways. The generating function approach is a combinatorial technique that allows to obtain precise results. We introduce the probability generating function (PGF) G(z) where… …   Wikipedia

  • 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

  • coupon leverage — The inclusion of a multiple in the formula for calculating the coupon rate on an inverse floating rate CMO. For example, an inverse floater with a multiple may pay interest at the rate of 22 percent minus the product of 2 times the 1 month London …   Financial and business terms

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

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”