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irregular coupon

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Financial Dictionary

irregular coupon

A bond interest payment for more or less than six-months' interest. The first coupon on many bonds is irregular because payment is other than six months from the dated date. Also called odd coupon.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Bon-Ton Extra Savings
Limited Time: Save Up to an Extra 25% Off With Coupon at Bonton.com!
www.bonton.com
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Save up to 70% Coupon
www.Ebates.com
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