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Food stuff ration coupons types I–V for direct laborers and workers in Vietnam, 1976–1986. In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product.
Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. [2] For example, if a bond has a face value of $1,000 and a coupon rate of 5%, then it pays total coupons of $50 per year.