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English definition of “talon”

talon

noun [C]
 
 
/ˈtælən/ FINANCE, STOCK MARKET
a form that comes with some types of bond, that can be used to order new coupons (= part that is separated from a paper bond when interest is paid to the bond owner) when the original coupons are gone: The bonds are in the denominations of £1,000, £10,000 and £500,000 each with coupons and one talon (if appropriate) attached on issue.
(Definition of talon from the Cambridge Business English Dictionary © Cambridge University Press)
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