coupon
A2CEFR level
15/100Rarity: common
TechnicalRegister
The periodic interest payment a bond makes to its holder, expressed as a rate on the face value.
The bond's five per cent coupon looked generous once market rates began to fall.
Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.
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