Legal Definition Of Coupon

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Coupon legal definition of Coupon

(3 days ago) coupon: A certificate evidencing the obligation to pay an installment of interest or a dividend that must be cut and presented to its issuer for payment when it is due. Coupons are usually attached to a document, such as a promissory note, bond, share of stock, or a bearer instrument. A coupon is a written contract for the payment of a

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Definition of COUPONS • Law Dictionary • TheLaw.com

(8 days ago) Related Legal Terms & Definitions. COUPON BONDS Bonds to which are attached coupons for the several successive installments of interest to maturity.; REGISTERED Entered or recorded in some official register or record or list Registered bond. The bonds… COUPON BOND Bonds that are sold with a book that contains coupons that can be clipped which…; NEGOTIABLE An …

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Coupons Law and Legal Definition USLegal, Inc.

(2 days ago) Coupons Law and Legal Definition. Coupons. Coupons are certificates that provide consumers with discounts on goods or services when they are redeemed with retailers or manufacturers. Offered mainly by retailers and manufacturers as sales promotion tools to accomplish specific sales and marketing goals, they are very popular with small business

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Coupons legal definition of Coupons

(4 days ago) COUPONS. 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, where the interest is payable at particular periods, and, when the interest is paid, they are cut off and delivered to the payor.

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COUPONS Definition & Meaning - Black's Law Dictionary

(7 days ago) Coupons are written contracts for the payment of a definite sum of money on a given day, and being drawn and executed in a form and mode for the purpose, that they may be separated from the bonds and other instruments to which they are usually attached, it is held that they are negotiable and that a suit may be maintained on them without the

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