clip

(redirected from clip off)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia.

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 ?
Right after planting annuals, clip off all flowers (not buds), suggests Sunset test garden coordinator Ryan Casey.
Bopara was happy to let his partner set the pace but still produced two of the most memorable shots of the morning, an on-drive and then a perfectly-timed and placed clip off his legs off Edwards.
Simply swab the biopsy channel of the scope with the included cotton-tipped long probe and clip off the cotton swab into green-capped vial.
Education officials took the clip off YouTube, where web users post home-made videos.
Now is a good time to clip off last year's dead flowerheads from lavenders and summer-flowering heathers.
Clip off one or two early-blooming magnolia buds when the buds are mature but haven't opened.
The deadlock was finally broken off the 21st delivery of the day when Durham pace man Harmison finally strayed from an accurate line and length and enabled Javed to clip off his legs for a single and claim the first run of the series.
On the fruit bushes, clip off the top inch or two of each shoot and burn it.
Foster added some quality to his determination this morning with a classical clip off his pads to the midwicket boundary from a Kumble delivery and a neat leg-glance for four off Javagal Srinath which took the tourists past 300.
Women 25 to 34 wanted to clip off an average of five years.