Voucher vs. Coupon: Know the Difference
By Shumaila Saeed || Updated on December 25, 2023
A voucher is a certificate used as payment or to claim a discount for a specific service or product, while a coupon offers a discount but doesn't act as direct payment.
Key Differences
A voucher is a prepaid token or certificate used to pay for a specific service or product, often as a gift or benefit, while a coupon provides a discount or deal but usually requires an additional payment to complete a purchase.
Shumaila Saeed
Dec 07, 2023
Vouchers often represent a specific monetary value and can be used as a substitute for cash in certain transactions, whereas coupons typically offer a percentage off or reduced price on a product or service.
Shumaila Saeed
Dec 07, 2023
In usage, vouchers are commonly issued by companies as part of promotional or loyalty programs, and may cover the entire cost of a product or service. Coupons, conversely, are frequently found in advertising materials and are used to encourage purchases by offering discounts.
Shumaila Saeed
Dec 07, 2023
Vouchers can be gifted, providing the recipient the choice to select services or products up to a certain value, while coupons are generally used by the holder to obtain a specific offer or discount on a purchase.
Shumaila Saeed
Dec 07, 2023
The terms of use for vouchers can be more rigid, often restricted to a particular store or service, whereas coupons tend to have broader applicability but may come with specific conditions, such as a minimum spend requirement or an expiration date.
Shumaila Saeed
Dec 07, 2023
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Comparison Chart
Value Representation
Represents a specific monetary value
Typically offers a percentage off or reduced price
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Dec 07, 2023
Usage Context
Often used in loyalty programs or as gifts
Common in advertising and sales promotions
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Dec 07, 2023
Payment Method
Can cover the full cost of a service or product
Requires additional payment to complete a purchase
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Dec 07, 2023
Terms and Conditions
May have specific redemption locations
Often have conditions like minimum spend or expiry dates
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Dec 07, 2023
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Voucher and Coupon Definitions
Voucher
A prepaid token given as a gift or reward.
I received a travel voucher from my company.
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Nov 27, 2023
Coupon
A part of a bond that entitles the holder to an interest payment.
The bond's coupon was due for payment in June.
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Nov 27, 2023
Voucher
A coupon used to claim something without extra payment.
This voucher entitles you to one free yoga class.
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Nov 27, 2023
Coupon
A detachable portion of a ticket or advertisement.
The concert ticket had a coupon for merchandise discounts.
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Nov 27, 2023
Voucher
A document representing a right to a particular service.
He redeemed a voucher for a free massage.
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Nov 27, 2023
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Coupon
A promotional tool in marketing for discounts.
He cut out the coupon from the newspaper for a discount on shoes.
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Nov 27, 2023
Voucher
A token for a specific monetary value for services or goods.
The competition prize was a $50 shopping voucher.
Shumaila Saeed
Nov 27, 2023
Coupon
A code or detachable part of a ticket, card, or advertisement that entitles the holder to a certain benefit, such as a cash refund or a gift.
Shumaila Saeed
Oct 19, 2023
Voucher
A written record of expenditure, disbursement, or completed transaction.
Shumaila Saeed
Oct 19, 2023
Voucher
A written authorization or certificate, especially one exchangeable for cash or representing a credit against future expenditures.
Shumaila Saeed
Oct 19, 2023
Coupon
One of a set of small certificates that may be detached from a bond certificate and redeemed for interest payments.
Shumaila Saeed
Oct 19, 2023
Coupon
A section of a ticket, showing the holder to be entitled to some specified accommodation or service, as to a passage over a designated line of travel, a particular seat in a theater, a discount, etc.
Shumaila Saeed
Oct 19, 2023
Coupon
A voucher issued by a manufacturer or retailer which offers a discount on a particular product.
Shumaila Saeed
Oct 19, 2023
Voucher
To issue a voucher to
A company that vouchers employees when the payroll cannot be met.
Shumaila Saeed
Oct 19, 2023
Coupon
A certificate of interest due, printed at the bottom of transferable bonds (state, railroad, etc.), given for a term of years, designed to be cut off and presented for payment when the interest is due; an interest warrant.
Shumaila Saeed
Oct 19, 2023
Voucher
A piece of paper that entitles the holder to a discount, or that can be exchanged for goods and services.
This voucher can be redeemed at any Walmart in the state until March 31 2013.
A voucher for a free kettle
This voucher entitles the bearer to a 20% discount on frozen goods.
Shumaila Saeed
Oct 19, 2023
Coupon
(finance) Any interest payment made or due on a bond, debenture or similar (no longer by a physical coupon).
Shumaila Saeed
Oct 19, 2023
Coupon
The letter sent to parliamentary candidates at the 1918 general election, endorsing them as official representatives of the coalition government.
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Oct 19, 2023
Voucher
(advertising) A copy of a published advertisement sent by the agency to the client as proof of publication.
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Oct 19, 2023
Coupon
(manufacturing) A small sample of a bulk material, prepared so that test failure will be representative.
Shumaila Saeed
Oct 19, 2023
Voucher
(historical) A mechanical device used in shops for automatically registering the amount of money drawn.
Shumaila Saeed
Oct 19, 2023
Coupon
To use coupons to a such extent that makes the user actively looking for coupons in magazines, online and whatever they can be found.
Shumaila Saeed
Oct 19, 2023
Coupon
A certificate of interest due, printed at the bottom of transferable bonds (state, railroad, etc.), given for a term of years, designed to be cut off and presented for payment when the interest is due; an interest warrant.
Shumaila Saeed
Oct 19, 2023
Coupon
A section of a ticket, showing the holder to be entitled to some specified accomodation or service, as to a passage over a designated line of travel, a particular seat in a theater, or the like.
Shumaila Saeed
Oct 19, 2023
Coupon
A ticket or form allowing the bearer to purchase a specific quantity of rationed goods; - such coupons are typically issued by a governmental agency.
Shumaila Saeed
Oct 19, 2023
Voucher
One who vouches, or gives witness or full attestation, to anything.
Will his vouchers vouch him no more?
The great writers of that age stand up together as vouchers for one another's reputation.
Shumaila Saeed
Oct 19, 2023
Coupon
A printed form, often distributed as part of an advertisement, entitling the bearer to purchase a specific item of merchandise at a discount; or, a similar form which may be submitted to the issuer to obtain goods or information. Such coupons may be issued by the manufacturer (manufacturer's coupon) or by a retail establishment; in the latter case they may then be redeemed only at that particular retail store.
Shumaila Saeed
Oct 19, 2023
Voucher
A book, paper, or document which serves to vouch the truth of accounts, or to confirm and establish facts of any kind; also, any acquittance or receipt showing the payment of a debt; as, the merchant's books are his vouchers for the correctness of his accounts; notes, bonds, receipts, and other writings, are used as vouchers in proving facts.
Shumaila Saeed
Oct 19, 2023
Coupon
A negotiable certificate that can be detached and redeemed as needed
Shumaila Saeed
Oct 19, 2023
Voucher
The act of calling in a person to make good his warranty of title in the old form of action for the recovery of lands.
Shumaila Saeed
Oct 19, 2023
Voucher
A document attesting to a credit against certain defined expenditures; a recipt for prepayment; - often used in pre-arranged travel plans, to provide evidence of pre-payment of the cost of lodging, transportation, or meals.
Shumaila Saeed
Oct 19, 2023
Coupon
A ticket offering a discount on a product or service.
She used a coupon to get 20% off her groceries.
Shumaila Saeed
Nov 27, 2023
Voucher
Someone who vouches for another or for the correctness of a statement
Shumaila Saeed
Oct 19, 2023
Coupon
A document that entitles the holder to a discount.
The magazine included a coupon for a free coffee.
Shumaila Saeed
Nov 27, 2023
Voucher
A negotiable certificate that can be detached and redeemed as needed
Shumaila Saeed
Oct 19, 2023
Voucher
A certificate that acts as a substitute for cash.
She used a voucher to pay for her meal.
Shumaila Saeed
Nov 27, 2023
Repeatedly Asked Queries
How is a coupon defined?
A coupon is a ticket or document that offers a discount on a product or service.
Shumaila Saeed
Dec 07, 2023
Do coupons provide monetary value?
Coupons do not provide monetary value but reduce the price of items or services.
Shumaila Saeed
Dec 07, 2023
Can a voucher be exchanged for cash?
Generally, vouchers cannot be exchanged for cash; they're used as payment for specific items or services.
Shumaila Saeed
Dec 07, 2023
What is a voucher?
A voucher is a certificate or token that can be used as payment for a service or product.
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Dec 07, 2023
Are vouchers transferrable?
Most vouchers are transferrable unless specified otherwise.
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Dec 07, 2023
Are there digital coupons?
Yes, digital coupons are widely used and can be found on websites and apps.
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Dec 07, 2023
Where can vouchers be obtained?
Vouchers can be obtained through loyalty programs, as gifts, or purchased directly.
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Dec 07, 2023
Do vouchers have to be used in one transaction?
Some vouchers must be used in one transaction, but others can be used over multiple purchases.
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Dec 07, 2023
Can anyone use a coupon?
Yes, coupons can typically be used by anyone who holds them, subject to terms and conditions.
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Dec 07, 2023
Are coupons available online?
Yes, coupons are widely available online and in print media.
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Dec 07, 2023
Do vouchers have expiration dates?
Many vouchers have expiration dates by which they must be used.
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Dec 07, 2023
How are coupons distributed?
Coupons are distributed via newspapers, magazines, online platforms, and direct mail.
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Dec 07, 2023
Do all stores accept coupons?
Acceptance of coupons varies by store and the type of coupon.
Shumaila Saeed
Dec 07, 2023
Are vouchers considered a form of currency?
While not actual currency, vouchers do represent a value for specific goods or services.
Shumaila Saeed
Dec 07, 2023
Can coupons be combined with other offers?
This depends on the terms of the coupon; some allow it, while others don't.
Shumaila Saeed
Dec 07, 2023
Can I use multiple coupons for one item?
This depends on the store's policy and the terms of the coupons. Some may allow it, while others may restrict it.
Shumaila Saeed
Dec 07, 2023
Is a voucher the same as a gift card?
They are similar, but a voucher is typically for a specific service or product, while a gift card has a set monetary value.
Shumaila Saeed
Dec 07, 2023
Can vouchers be redeemed online?
Many vouchers can be redeemed online, depending on the issuer's terms.
Shumaila Saeed
Dec 07, 2023
Can I return a voucher?
Return policies for vouchers vary by issuer; some may allow it, while others may not.
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Dec 07, 2023
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About Author
Written by
Shumaila SaeedShumaila Saeed, an expert content creator with 6 years of experience, specializes in distilling complex topics into easily digestible comparisons, shining a light on the nuances that both inform and educate readers with clarity and accuracy.
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