long coupon

long coupon definition - business

long coupon

  1. A bond coupon payment representing more than six months of interest. The first coupon of a bond is often for a larger than normal amount because it represents more than six months of interest.
  2. See long bond.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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