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coupon clipper

noun
1.
a well-to-do person much of whose income is derived from clipping and cashing coupons from coupon bonds.
Origin
1880-1885
1880-85
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
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Contemporary definitions for coupon clipper
noun

any person who derives income from or buys products based on coupons

Dictionary.com's 21st Century Lexicon
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Word Value for coupon

10
14
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