Coupon payment
Coupon payment is the dollar amount of interest paid to each bondholder on the interest payment dates.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Coupon payment. Dollar amount of interest paid to each bondholder on the interest payment dates.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Coupon payment. The specified number of dollars of interest paid each year.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
