Coupon bond
The Cyclopedic Law Dictionary · Walter A. Shumaker and George Foster Longsdorf; ed. James C. Cahill · 1922
The Cyclopedic Law Dictionary
"Coupon bonds" are the ordinary form of corporate bond in this country. They are payable to bearer and are provided •with interest warrants, called "coupons," for each installment of interest, also payable to bearer, which, when actually detached, are negotiable, and payable to bearer.
2 Fletcher Cyclopedia Corporations, 1919.