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coupon bond
cou·pon bond (plural cou·pon bonds)


noun 
Definition:
 
bond with redeemable coupons: a bond that has coupons attached that the owner must present at the correct times to receive periodic payments of interest
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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