Coupon cutter
Coupon Schneider is a social history judgmental description spread, for the perceived immorality power-free profit of shares -Besitzern, formerly often called " reindeer called".
A coupon or coupon is a bill that is attached to stock certificates and securities. On submission of voucher paid by Bank each overdue dividends from. Coupons are summarized on a sheet for a longer period of time.
The negative connotation of this expression is primarily aimed at the idea that the coupon cutter has to do nothing but detach a coupon from the sheet every now and then in order to make a living. In this sense, the expression already appears in the literature of the 19th century, but also today in the current business and daily press. The connotation is made even more negative by the frequent suspicion of tax evasion through anonymous redemption of the coupon .
Coupon cutters used to be disparagingly called those investors who every year picked up the scissors, cut off a coupon after the annual profit was determined, submitted it and received their share of the profit for their capital invested in a company.
One of the most famous historical examples is the well-known 19th century philosopher Arthur Schopenhauer . As a rich heir, he lived as a privateer and coupon cutter without any economic worries.
Individual evidence
- ↑ Google Books Ngram Viewer Graph on the historical occurrence of the term. ( Page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice.
- ↑ Manager magazine of October 16, 2008: Strüngmann brothers "We are not coupon cutters" by Sven Böll and Martin Noé.
- ↑ Handelsblatt of August 25, 2009: EnBW boss: "I'm not a coupon cutter".
- ↑ Der Tagesspiegel from September 19, 2010: EVERYONE ON BOARD Report on cruise ships
- ↑ Der Spiegel 18/1988: SPIEGEL editor Hellmuth Karasek on a Labiche performance at the Berlin Schaubühne.
- ↑ Jürgen Dunsch: And the tax trick is always tempting. In: FAZ.net . March 7, 2014, accessed October 13, 2018 .
- ↑ Wirtschaftsblatt.at
- ↑ Die Zeit of September 22nd, 2010: Arthur Schopenhauer Being is not the good page 4/5: "Just look at him, he was not subject to anyone".
