Bond Coupon Quotes & Sayings

Says here there's a reward," Mr. Hooks said.
Tallie blinked, then remembered Keith had added that tidbit for incentive. She opened her purse and scrutinized the contents of her slim wallet
twelve dollars and a book of stamps. She handed over the ten and the stamps, then tossed in a free drink coupon from Starbucks. "Thanks." Then she turned and fled. — Stephanie Bond

A bond price, for example, will grow with accrued interest between two coupon cuttings. That growth in its value is not income but increase of capital. Only when the coupon is detached does the bond render, or give off, a service, and so yield income. The income consists in the event of such off-giving, the yielding or separation, to use the language of the United States Supreme Court. If the coupon thus given off is reinvested in another bond, that event is outgo, and offsets the simultaneous income realized from the first bond. There is then no net income from the group but only growth of capital. If the final large payment of the principal is commonly thought of not as income (which it is if not reinvested) but as capital it is because it is usually and normally so reinvested. — Irving Fisher