Coupon: Definition, Meaning, and Examples

Last Updated on
February 18, 2025

1. Coupon (noun): A voucher or code entitling the holder to a discount or other benefits when purchasing goods or services.
2. Coupon (noun): A detachable portion of a bond that entitles the holder to interest payments.
3. Coupon (noun, archaic): A portion of a ticket or document retained for specific purposes, such as proof of entitlement.

The term "coupon" is widely recognized in modern commerce and is primarily associated with discounts and promotional benefits. It also holds significance in financial contexts and historical uses. To understand its diverse applications, delve into the definitions, examples, and nuances of the term "coupon."

"Coupon" Definition: What Does "Coupon" Mean?

"Coupon" is a term with multiple meanings, ranging from everyday discounts to financial instruments. Let’s explore its distinct definitions and their relevance.

Definition of "Coupon": Voucher

The most common use of "coupon" refers to a voucher or code that provides a discount on goods or services. This definition emphasizes its role in consumer transactions.

Definition of "Coupon": Interest Payment

In finance, "coupon" denotes the detachable portion of a bond that entitles the holder to periodic interest payments. This usage highlights its significance in investments and securities.

Definition of "Coupon": Receit (Archaic)

Historically, "coupon" refers to a portion of a ticket or document retained as proof of entitlement to a service or benefit. Though less common today, this meaning underscores its origins.

Parts of Speech

Coupon" functions as a noun in all its uses. Whether referring to a discount voucher, a bond-related payment, or an archaic document portion, the word retains its nominal role across contexts.

How to Pronounce "Coupon"?

Accurate pronunciation of "coupon" ensures clear communication, especially in commercial or financial discussions. The word can be pronounced with a "koo" or "kyoo" sound, depending on regional accents. The second syllable, "pon," rhymes with "on."

Phonetic Pronunciation: /ˈkuː.pɒn/ or /ˈkjuː.pɒn/

Synonyms of "Coupon": Other Ways to Say "Coupon"

Synonyms for "coupon" offer alternative expressions, particularly in the context of discounts and promotions.

  • Voucher
  • Discount code
  • Promo code
  • Rebate
  • Certificate
  • Token
  • Pass
  • Deal
  • Offer
  • Promo

Antonyms of "Coupon": Other Ways to Say "Coupon"

Antonyms for "coupon" often refer to full pricing or the absence of discounts or entitlements.

  • Full price
  • No discount
  • Regular price
  • Charge
  • Bill
  • Penalty
  • Payment
  • Debit
  • Fee
  • Cost

Examples of "Coupon" in a Sentence

Here are examples illustrating the versatility of "coupon" in different contexts.

1. She used a 20% off coupon to save on her groceries.
2. The bondholder received interest payments through the bond’s detachable coupon.
3. Redeem this coupon for a free coffee at participating locations.
4. He clipped a coupon from the newspaper to use at the department store.
5. The investor examined the bond’s coupon to calculate the annual yield.
6. Customers often receive digital coupons via email for online shopping.
7. The museum ticket included a coupon for a discount at the gift shop.
8. She forgot to bring her printed coupon, so she paid full price.
9. Many companies offer loyalty programs that provide exclusive coupons.
10. The travel agency included a coupon for a free excursion in their package.

Frequency of Use

The word "coupon" is widely used in commercial and financial settings. In consumer markets, its prevalence has increased with the rise of digital and online shopping. Financial applications, while less common in daily language, remain significant in investment and bond-related contexts.

Variants of "Coupon"

The term "coupon" has few variants, but adaptations exist for specific uses.

1. e-Coupon: A digital version of a coupon used for online purchases.
2. Coupon code: A specific alphanumeric code providing a discount during checkout.
3. Coupon bond: A type of bond with detachable coupons for interest payments.

Related Terms to "Coupon"

Understanding related terms enhances the conceptual understanding of "coupon" in various domains.

1. Voucher
2. Discount
3. Promotion
4. Rebate
5. Savings
6. Token
7. Bond
8. Yield
9. Interest
10. Loyalty program

Etymology: History and Origins of "Coupon"

The word "coupon" originates from the French term coupon, meaning "a piece cut off" or "cutting." This reflects its early use as a detachable portion of a document or ticket. Over time, the term evolved to encompass both financial and consumer contexts. In the 19th century, it became associated with bonds and interest payments, and by the 20th century, it gained widespread recognition as a tool for discounts in marketing and retail.

Derivatives and Compounds of "Coupon"

Several derivatives and compounds expand the use of "coupon" in specific contexts:

1. e-Coupon: Digital coupons for online use.
2. Couponing: The practice of collecting and using coupons to save money.
3. Coupon booklet: A collection of coupons provided for promotional purposes.

Common Misspellings of "Coupon"

Misspellings of "coupon" often occur due to phonetic errors or regional influences:

1. Coupen
2. Coupan
3. Coupoon

10 Idioms Similar to "Coupon"

Idioms related to "coupon" reflect ideas of savings, discounts, and value:

1. A penny saved is a penny earned
2. Bargain hunting
3. Get your money’s worth
4. Stretch your dollar
5. Bang for your buck
6. Cut a deal
7. Shop smart
8. Tighten the purse strings
9. Snag a deal
10. On a budget

10 Common Questions About "Coupon"

Questions about "coupon" often focus on its use, purpose, and advantages.

1. What is a "coupon"?

A "coupon" is a voucher or code that provides discounts or benefits on goods and services.

2. How do digital coupons work?

Digital coupons are redeemed online by entering a code at checkout or clicking a promotional link.

3. What is a bond coupon?

A bond coupon is a detachable portion of a bond that entitles the holder to periodic interest payments.

4. Can coupons expire?

Yes, most coupons have an expiration date after which they cannot be redeemed.

5. What is coupon stacking?

Coupon stacking refers to using multiple coupons or discounts on a single purchase.

6. What are e-coupons?

E-coupons are electronic vouchers used for discounts in online transactions.

7. Are coupons legal on all purchases?

Coupons are subject to terms and conditions that may exclude certain products or services.

8. How does couponing save money?

Couponing reduces the total cost of purchases by applying discounts or offers.

9. What is the origin of "coupon"?

The term originates from the French word for "a piece cut off," reflecting its early use in tickets and bonds.

10. Are coupons used in financial contexts today?

Yes, particularly in bonds, where coupons represent periodic interest payments.

Conclusion

A "coupon" is a voucher or code offering discounts, as well as a term for bond-related interest payments. Understanding its multiple applications enhances appreciation for its role in commerce and finance. Explore more word definitions to enrich your vocabulary and comprehension.

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