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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 ?
If you don't want the bother of tying in and clipping off tendrils, you can let the plants scramble up green plastic netting or tall pea sticks.
Rather than using a device that locks you into one system and takes a clipping off each transaction, running a business on Kounta with a small flat fee puts the power back in the hands of merchants.
KEEP flowers blooming in borders and containers by clipping off the dead and dying heads regularly - pansies, geraniums (pelargoniums) and petunias are among those which respond well to this maintenance.