Coupon Form

Coupon Form

Coupon, a form presented to obtain a money payment, commodity or service. An example is the detachable part of a bearer bond which states the interest due to the holder. When the interest becomes payable, the coupon is cut from the bond and presented for payment. The derogatory term 'coupon clipper' is sometimes used to denote a person living solely from interest on bonds. Coupons have also been used in Government rationing schemes: a coupon would enable the holder to buy a stated quantity of a commodity in a stated period. s of coupons were issued to the population of the U.K. during, and for some time after, the Second World War, when most foodstuffs, clothing and basic raw materials were allocated by a system of rationing instead of through the price mechanism. When goods are sold with detachable slips that entitle the holder to a 'bonus' offer of free or cut-price goods or services, the slips are often called coupons.

Coupon Rate of Interest. See Yield.

Couniot, Antoine Augustin (1801-77), French mathematician and economist. He became Professor of Mathematics at the University of Lyons in 1834 and later Rector of Dijon Academy. He was dis-tinguished mainly for his knowledge of science and his contributions to mathematics, but in his work on economics he was perhaps the first to have a competent knowledge of both economics and mathe-matics. His main works include Recherches sur les pt'incipes muth'maiques de la thdovie des ,'ichesses (1838), Princies de la tizdorie des richesses (1863) and Revue sonimaire des doctrines dconomiques (1877), in which he built lap an apparatus of supply and demand 'functions' which he used to show how price was formed under conditions of pure monopoly, duopoly and perfect competition. These attempts to use mathematical techniques in the analysis of economic problems have caused him to be considered the founder of mathematical economics.

Cover Prices. See Collusive Tendering. Covered Bear. See Bear.

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