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Clip

To separate a coupon from a bearer bond. A bearer bond contains no ownership information and the physical bearer is presumed to be the owner. The bond contains physical coupons that must be clipped in order to receive the interest payments. Bearer bonds have not been issued in the United States since 1982, and thus clipping has become a less common activity, applying only to long maturity bonds issued before then.

clip

To detach the interest coupons from a bearer bond. These coupons must be presented to a bank, a brokerage house, or the issuer's agent in order for the holder of the bearer bond to receive interest payments.
References in periodicals archive ?
Note to Editors: 3Com and Palm Computing are registered trademarks and More Connected, Palm, Palm III, Palm IIIx, Palm V, Palm VII, web clipping and iMessenger are trademarks and Palm.
org) have announced plans to deliver the data, text and scanned images of press clippings compiled by IMS from 23 countries in Latin America via SpinWARE's popular PC-based ClipSCAN II software.
The BarPoint Shopper web clipping application empowers consumers to make more informed purchasing decisions," stated Leigh Rothschild, chairman and CEO of Barpoint.
In addition to Web content and desktop file storage and clipping tools, i-drive offers Filo(TM) and Sync, two ideal applications for Web users.
The Palm VIIx handheld comes packaged with 40 in-box web clipping applications, which allow access to expanded Internet activities, such as interactive shopping and travel and entertainment applications.
Web clipping applications deliver specified bits of information from the web to an internet-enabled Palm handheld quickly and simply.
We chose to use CyberAlert after thoroughly researching the available Internet monitoring and Web clipping services," added Debbie Forward, Cayenne account manager for CyberAlert.
The Web clipping applications available to Palm VII handheld users provide access to a variety of information from the most popular sites on the Web.
Recording approximately 30 hours of television and radio news per day, Jet Information and Monitoring Service has quickly become a leader in the New England television and radio news clipping market.
Note to editors: For samples of Web clipping work visit www.
ISAT is the first and only multi-center, prospective, randomized trial that has compared endovascular coiling of ruptured brain aneurysms to neurosurgical clipping.