Stock split financial definition of stock split
Stock split Occurs when a firm issues new shares of stock and in turn lowers the current market price of its stock to a level that is proportionate to pre-split prices. For example, if IBM trades at $100 before a two-for-one split, after the split it will trade at $50, and holders of the stock will have twice as many shares as they had before the split
Actived: Tuesday Aug 11, 2020
Coupon financial definition of coupon
Zulily Coupons 2013: Get 90% OFF Promo Code + Free Shipping. Compared to other coupon apps, such as Coupon Sherpa and Coupons.com, RedPlum Social Savings has a limited selection with roughly 59 coupons listed. Getting social with coupons: new coupon app allows users to include Facebook friends.
Stripped Coupon financial definition of Stripped Coupon
[section]1.1275-7; (6) any receivable generated through an extension of credit under a revolving credit agreement (such as a credit card account; (7) a stripped bond or stripped coupon (as defined in IRC Sections 1286(e)(2) and 1286(e)(3)), if the debt instrument from which the stripped bond or stripped coupon is created is described in (1)--(6), above; and (8) a certificate of trust
Zero-Coupon Securities financial definition of Zero-Coupon
Zero-coupon bond A bond in which no periodic coupon is paid over the life of the contract. Instead, both the principal and the interest are paid at the maturity date. Zero-Coupon Bond A bond that pays no interest. It is sold at a discount from par and matures at par. These are fairly illiquid investments because they do not benefit from changes in
Straight Discount financial definition of Straight Discount
Zalora shoppers may avail of the straight discount by simply entering the unique coupon code received via email upon checkout. Dragonpay and Zalora Kicks Off Partnership with Joint Promo. It was based on a "Road Equivalent Tariff", but was just a straight discount.
Coupon clipping financial definition of coupon clipping
Coupon Clipping The practice of finding discounts on consumer goods such as groceries. One presents pieces of paper representing these discounts (called coupons) to receive the discount. The coupons are cut out of ("clipped" from) a periodical such as a newspaper or magazine. These coupons should not be confused with the coupons on bonds. coupon
Fixed Coupon financial definition of Fixed Coupon
An interest rate on a bond that does not change over the life of the bond. If one purchases a bond with a fixed coupon of 10%, then 10% is calculated over the principal balance each time the interest compounds.A fixed coupon differs from a variable coupon, which may change from time to time, at least within certain parameters.
Clip off financial definition of clip off
Clip To separate a coupon from a bearer bond. A bearer bond contains no ownership information and the physical bearer is presumed to be the owner. The bond contains physical coupons that must be clipped in order to receive the interest payments. Bearer bonds have not been issued in the United States since 1982, and thus clipping has become a less common
Short coupon financial definition of short coupon
Short coupon A bond payment covering less than six-months' interest, because the original issue date is less than six months from the first scheduled interest payment. A bond with a short time to maturity, usually two years or less. Short Coupon 1. A bond with a short maturity, often defined as two years or less. 2. The first coupon payment on a bond
First coupon financial definition of first coupon
The date on which a bond makes its first interest payment to bondholders.The first coupon date sometimes occurs at an irregular time; that is, if the bond pays coupons every six months, the first coupon may be longer or shorter than six months. See also: Long coupon, Short coupon, Grace period.