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English definition of “ex-coupon”

ex-coupon

adjective (also ex coupon)     FINANCE
relating to a bond that is sold where the buyer does not have the right to obtain a particular interest payment : Transactions settled on or after the ex-dividend date are deemed to be ex-coupon.
ex-coupon adverb → Compare cum
(Definition of ex-coupon adjective from the Cambridge Business English Dictionary © Cambridge University Press)
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