coupon bond

noun

1. a bond, usually a bearer bond, that pays interest by means of coupons with specific cash values.

Word History and Origins

Origin of coupon bond¹

An Americanism dating back to 1860–65

Example Sentences

Bitcoin is the new age version of a no coupon bond issued at a 99% discount with the network effects of a tech company.

From Fox News

The market price of the 3% coupon bond would be lower than that of a 5% because it is simply less interest than other bonds at that time.

From New York Times

So, thinking about other types of "fixed income" investments that don’t include traditional long-term fixed coupon bonds will be a good idea.

From US News

Since zero coupon bonds pay no interest, 2.43 percent is exactly what an investor investor will earn on their investment through the year 2044.

From Forbes

The TCC would be a two-year zero coupon bond, which the bearer could use, upon expiration, to pay taxes and whatever financial obligation is due to the Greek public sector at large.

From Forbes