COUPON

Etymology

The term 'coupon' originated from the French word 'couper,' meaning 'to cut.' It refers to the practice of cutting out a portion of a certificate or voucher to redeem a discount.

Definition

A coupon is a voucher or certificate that allows the holder to receive a discount or special offer when purchasing a product or service. Coupons are often distributed by retailers or manufacturers to promote sales and attract customers.

Historical Context

Coupons have been used as a marketing tool since the late 19th century, with the first known coupon distributed by Coca-Cola in 1887. The popularity of coupons grew during the Great Depression as a way for consumers to save money.

Cultural Significance

Coupons have become a common feature in modern consumer culture, with many people actively seeking out discounts and deals through coupon websites and apps. Extreme couponing has even become a popular hobby for some individuals.

Related Concepts

Other related concepts to coupons include vouchers, discounts, promo codes, and loyalty programs.

See Also

• Voucher
• Discount
• Promo Code