A coupon, also known as a coupon payment, is the annually interest rate paid on a bond, weighted by its percentage of the face value and received from the date of issuance until maturity. Coupons can be used at festivals and other major events. If you have no clue how to design adorable coupons, use these ready-made, printable coupon templates from EdrawMax to create one-of-a-kind coupons that your customers and clients will enjoy.