Practical Law UK Glossary 6-107-6005 (Approx. 2 pages)
Glossary
Coupon
The meaning of this term differs depending on the context in which it is used. It could mean either:
The rate of interest payable (typically quarterly or semi-annually) on a bond or other debt security.
The certificate attached to a bearer security (for example, a bearer bond) evidencing interest due on a specified date and which the holder presents for payment on interest payment dates.