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InvestHub.com's
Finance Dictionary and Glossary of Investment Terms

Short coupon  

Definition 1.

A bond payment covering less than six-months' interest, because the original issue date is less than six months from the first scheduled interest payment. A bond with a short time to maturity, usually two years or less.
 

Definition 2.

A bond interest payment covering less than the usual six-month period, often the bond's first coupon.
 
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