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Finance Glossary

Just call us Bond. Amortized bond.

Over 700 finance terms, Shmooped to perfection.



They're on the back of cereal boxes and today found at coupons.com en masse. You fight with a scissors to clip them out and mail them in - those who bother to make that effort save money. Coupons also apply to bonds. A normal vanilla bond pays its interest twice a year. A $500,000 , 8% coupon bond pays $20,000 twice a year.