(2) Denotes the rate of interest on a fixed interest security.
Coupon Value - The annual rate of interest of a bond.
Cover - (1) To take out a forward foreign exchange contract.
Coupon
1) The detachable part of bearer stock certificates exchangeable for dividends. 2) The rate of interest on a fixed interest security; a 5% coupon means interest of 5% a year on the nominal value of the security.
Coupon - (1) On Bearer Stocks, the detachable part of the certificate exchangeable for dividends. (2) Denotes the rate of interest on a fixed interest security - a 10% coupon pays interest of 10% a year on the nominal value of the stock.
(1) On bearer stocks, the detachable part of the hide behind nominee status. Certificate exchangeable for dividends. (2) Denotes the rate of interest on a fixed interest security.
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 See also: Security, Exchange, Options, Option, Stock
  
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