Business and Personal Finance Dictionary

# A B C D E F G H I J K L M N O P Q R S T U V W X Y Z 

• SHORT COUPON
  
  Refers to the initial coupon for a municipal security which reflects less than 6 months of accrued interest. The time of accrual is measure from the start of the Dated Date and continues until the end of the initial accrual period. Compare to Long Coupon.
  
  Back