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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 ?
In a much more low-key manner, George and Leonard also showed their excitement about what the future has in store for them and the Clippers as they accepted blue Clippers jerseys, George number 13 and Leonard number 2.
The Clippers tied it at 97 on a 3-pointer by Lou Williams after outscoring the Pistons 17-7 to open the fourth.
Ward said that Clipper invested time in finding the right solution and are now trialling an alternative which is 100 percent biodegradable, compostable, non-GM, and unbleached.
WHEN it comes to traditional cruising, you can't get more old-school than Star Clippers.
Clipper CEO Tony Mannix stated: Weve worked with Marks & Spencer for a number of years, and Im delighted that theyve chosen us to partner with them on this comprehensive returns solution.
"As it is a relatively short race compared to others in the Clipper Race calendar we stress the importance of getting a good start and keeping the intensity up until that finish line is crossed in Hobart."
The Clipper Condom will quickly gain market traction as a barbering essential.
Valassis accelerated its expansion into the local market with the acquisition of Clipper Magazine in late 2015, followed by SuperCoups of Atlanta in August 2016.
Merideth Tall, founder, CEO and chair of Clipper, will continue in her role as CEO of Clipper, and will expand the Clipper team to support this growth.
Nationally, sales of hair clippers and trimmers have been flat over the past three years, Yde says, reflecting consumers' reluctance to open their wallets during a tepid economic recovery.
Clipper is providing input to the course, mentoring students and offering them summer jobs, 12-month placements and permanent roles upon successful completion of their degree.
The brainchild of legendary sailor, Sir Robin Knox-Johnston, Clipper allows novice sailors the opportunity to sail around the world.