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Simple English definitions for legal terms

coupon interest rate

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A quick definition of coupon interest rate:

Definition: A coupon interest rate is the interest rate that a bond pays to its investors. It is also known as the coupon rate. This rate is fixed at the time of issuance and remains the same throughout the life of the bond. It is the percentage of the bond's face value that the investor will receive as interest payments each year. For example, if a bond has a face value of $1,000 and a coupon rate of 5%, the investor will receive $50 in interest payments each year.

A more thorough explanation:

Definition: The coupon interest rate is the fixed rate of interest paid by a bond or other fixed-income security to its investors. It is the annual rate of interest that the issuer of the bond promises to pay to the bondholder.

For example, if a bond has a face value of $1,000 and a coupon rate of 5%, the issuer will pay the bondholder $50 per year in interest until the bond matures.

The coupon interest rate is an important factor in determining the value of a bond. If interest rates in the market rise above the coupon rate of a bond, the bond's value will decrease because investors can earn a higher rate of return elsewhere. Conversely, if interest rates fall below the coupon rate, the bond's value will increase because it offers a higher rate of return than other investments.

coupon | coupon note

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General chat about the legal profession.
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got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
WorthlessAttractiveZombie
7:44
My berkeley paragraph finally disappeared. I definitely think it is just an indicator that they are actively reviewing files, and does not mean anything about A, WL, or Rs
WorthlessAttractiveZombie
7:46
Also has anyone's date disappeared for W&L? Mine did last night
7:55
@WorthlessAttractiveZombie: mine did yesterday morning
7:56
Oops sorry I meant Vilanova. Mine disappeared last week
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