what is meaning of coupon
The definition of a coupon is a voucher or code entitling you to a product or a special deal, or a part of a bond that you can detach and send in to get interest. 1  A paper entitling you to 10 percent off of a meal in a restaurant is an example of a coupon. The part of a savings bond that you can detach and use to redeem interest payments is an example of a coupon.
In marketing, a coupon is a ticket or document that can be redeemed for a financial discount or rebate when purchasing a product. Customarily, coupons are issued by manufacturers of consumer packaged goods or by retailers, to be used in retail stores as a part of sales promotions.