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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 ?
The free Web clipping application, which includes simple installation instructions, is available for Palm VII series handheld users to download on www.
Also bundled with the product is an application from Palm that enables wireless downloading of the 400-plus web clipping applications on the Palm.
Web clipping applications from many popular Internet content providers are packaged with the Palm VIIx handheld.
The BarPoint Shopper web clipping application empowers consumers to make more informed purchasing decisions," stated Leigh Rothschild, chairman and CEO of Barpoint.
The combination of the Palm VII organizer and the BarPoint web clipping application gives the consumer more resources and flexibility in making purchasing decisions.
Web clipping differs from contemporary web browsing, which has proven to be slow and cumbersome on handheld devices.
Many of the world's leading Internet content providers have already made their web content available for web clipping directly from the Palm VII organizer.
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.
Clippings stored in ClipSCAN II can be found quickly by keywords, geography, date and other criteria.
Let's look at the ``problem'' of grass clippings on a sidewalk or a driveway.
The thought of a few grass clippings in a planter bed should be of no concern to anyone.
For millions of homeowners, this refusal to pick up their clippings, leaves, and cuttings actually is the best possible news.