Definition of Registered coupon bond

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TeachMeFinance.com - explain Registered coupon bond




historic definition...

Registered coupon bond -- A bond the principal of which is payable only to the one whose name is inscribed on it and in whose name also the bond is registered (entered on the books of the company issuing it), while the coupons calling for the payment of the interest as it becomes due are payable to bearer.



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Mark McCracken

Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English".


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