coupon clipper

coupon clipper

noun
a well-to-do person much of whose income is derived from clipping and cashing coupons from coupon bonds.

Origin:
1880–85

Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Dictionary.com's 21st Century Lexicon
Main Entry:  coupon clipper
Part of Speech:  n
Definition:  any person who derives income from or buys products based on coupons
Dictionary.com's 21st Century Lexicon
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