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English definition of “high coupon”

high coupon

noun [C]     STOCK MARKET, FINANCE
a high rate of interest paid on particular bonds: Bonds with a high coupon trade at a discount (have higher yields) relative to bonds with a low coupon. high-coupon bonds/debentures/issues → Compare low coupon
(Definition of high coupon noun from the Cambridge Business English Dictionary © Cambridge University Press)
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