coupon security

A security with detachable interest coupons that the holder must present for payment as they mature.

• Coupon securities are usu. in denominations of $1,000, and they are negotiable. [Cases: Corporations 472. C.J.S. Corporations § 664.]

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词条贡献者

法律翻译Denise，毕业于一所旨在培养高级翻译专业人才的翻译院校，专注翻译各类与专利与商标的授权与起诉有关的法律文件。