cedola

coupon

noun CHEH-doh-lah Rare

Origin: From Medieval Latin schedula (small strip of paper), diminutive of scheda.

Also means

voucher

Usage Note

Cedola in finance refers to a bond coupon — the periodic interest payment on a bond. It also means a voucher or slip, such as a book token (cedola libraria). In everyday use it can refer to any small printed slip entitling the holder to something. Do not confuse with schedula (timetable) or scadenza (due date).

Examples

"La cedola del titolo viene pagata ogni sei mesi."

Natural Translation

The bond coupon is paid every six months.

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