coupon

Noun

coupon (plural coupons)

1. (obsolete) A certificate of interest due, printed at the bottom of transferable bonds (state, railroad, etc.), given for a term of years, designed to be cut off and presented for payment when the interest is due; an interest warrant.
2. (finance) Any interest payment made or due on a bond, debenture or similar (no longer by a physical coupon).
3. A section of a ticket, showing the holder to be entitled to some specified accommodation or service, as to a passage over a designated line of travel, a particular seat in a theater, a discount, etc.

Synonyms

• (section of a ticket giving the holder some entitlement): voucher

Derived terms

• zero coupon bond

Anagrams

• uncoop

French

In marketing a coupon is a ticket or document that can be exchanged for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods or by retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail, magazines, newspapers, the Internet, and mobile devices such as cell phones. Since coupons are typically distributed to targeted markets or regions while excluding others they are a form of price discrimination.