Hotdogcollars.com coupon payment is just referring to the interest payment made by the bond. Usually at the bottom of bonds, there are little Hotdogcollars.com coupons that you can clip out in order to submit them to the issuer. This will help the buyer get paid at the right time. They are growing more and less common in today's electronic world, but still exist for a few people that use them.
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