Monday, January 16, 2012

Coupon Lingo 101

Have you ever wondered what we're talking about when you see something like this:
"I used 3 - $4/1 Olay WYB any Olay at Wags, Spend $5 OOP and Receive a $2RR"


Here's a list of the Coupon Lingo we use.

For those of you that are new to couponing, I’ve compiled a list of some of the abbreviations/terms that you might find while shopping/blogging in the “coupon world.” If you see one that I missed, please let me know and I’ll add it. Thanks!
$$/$$ – This means $ off when you spend $ amount. Example: $5/$30 is $5 off your purchase when you spend $30. (Check to see if the amount has to be before or after coupons to apply.)
$/# – This means that you get $ off for every # you buy. Example: $5/2 would mean that you get $5 off every 2 that you buy.
B1G1 = Buy One Get One Free (B1G2 is Buy One Get Two Free etc.)
Blinkie = A coupon that prints out at a machine in the store. They are located by the product associated with that particular coupon.
BOGO = Buy One Get One Free
Cash Register Tape/ CRT = Your Receipt. 
CAT = Catalina. A coupon that prints out at the register that is either $$ off your next purchase or $$ off a certain product. You typically have to use them at the store they printed, but some stores will take “competitor’s” coupons. Note: These are sometimes delayed in printing so wait a minute before walking away from the register. If you think you were supposed to get one and didn’t, talk to the cashier/manager and explain.
Catalina = Also refered to as CAT. A coupon that prints out at the register that is either $$ off your next purchase or $$ off a certain product. You typically have to use them at the store they printed, but some stores will take “competitor’s” coupons. Note: These are sometimes delayed in printing so wait a minute before walking away from the register. If you think you were supposed to get one and didn’t, talk to the cashier/manager and explain.
Closeouts – These are typically greatly reduced items that the store does not plan on re-stocking.
Competitors – This is the term meaning “of related chains.” For example, grocery stores will take other grocery store’s coupons and drug stores will take other drug store coupons. Always check with each store on what their couponing policy is and whom they consider to be a competitor.
Couponing Policy – This is the statement that each individual store abides by, in relation to coupons. What is typically included in their policy is whether they: take competitor’s coupons, take coupons past expiration dates, “double” or “triple” coupons, accept Internet Printables or if they even accept coupons.
Coupon Insert – These are “packets” of coupons found in Sunday papers and also sometimes in the ads mailed to you during the week. These are typically sent out by Smart Source (SS or S), Red Plum (RP) and Proctor & Gamble (PG)They are also refered to as inserts, S, SS, RP and PG.
Discontinued or D/C– This means that a store has depleted their inventory of an item and does not plan on re-stocking it.
Double Coupons = This is the term used when stores will double a coupon’s value. Example, if you have a $1 off coupon, they’ll take $2 off. Stores vary on how often they do this ranging from never, always, on occasion or specific days of the week. Some stores may also set a maximum value limit. Example, no coupons over $2 and only 10 per transaction/day.
ECB = Extra Care Bucks. Exclusive to CVS. They work like cash on your next order. (Some restrictions do apply.)
ES =Easy Saver. This is Walgreens’ monthly rebate program. You can find the books by their ads in the store.
EXP = Expires or Expiration Date
FAR = Free After Rebate (See Rebate for explation)
FAE = Free after Extra Care Bucks (See ECB or Extra Care Bucks for explanation)
FARR = Free After Register Rewards (See RR or Register Rewards for explanation)
Inserts = These are “packets” of coupons found in Sunday papers and also sometimes in the ads mailed to you during the week. These are typically sent out by Smart Source (SS or S), Red Plum (RP) and Proctor & Gamble (PG) They are also refered to as coupon inserts, S, SS, RP and PG.
Internet Printable = A coupon that can be printed online. Also refered to as IP or Printable.
IP = Internet Printable Coupon. Also refered to as “printable.”
IVC = Instant Value Coupon. These are found at Walgreens in their weekly ads.
MFR = Manufacturer
MIR = Mail In Rebate. These are checks or coupons that the manufacturers/stores will send you if you meet the requirements on the rebate form.
OOP = Out-of-Pocket. This is the amount of money that you have spent after coupons, ECBs, RRs, Catalinas (See terms for explanations)
OOS = Out-of-Stock. This means that the store is temporarily out of an item but plans on getting in more inventory. Sometimes they will offer a raincheck in cases like these.
OYNO = On Your Next Order. Used when refering to coupons that you can use on your next order at that store. (Sometimes Competitors will take them.)
OYNP = On Your Next Purchase. Used when refering to coupons that you can use on your next purchase (order) at that store. (Sometimes Competitors will take them.)
Peelie = Coupons found on products in the store. (Don’t forget to pull these off and hand them to your cashier when you check-out. Don’t rely on the cashier to notice them for you. It will only aggravate you later when you come home to find it’s still there!) :)
PG = Proctor & Gamble. A big chain of brands that also puts out a coupon insert.
Printables - These are coupons that you can print online. Also refered to as IP or Internet Printables.
Q = Coupon
RA = Rite-Aid
Raincheck = A slip you can ask for in the store when an item’s on sale and out-of-stock. Some sales will specifically say “No rainchecks” and some stores will put an expiration date on their rainchecks
RP = Red Plum. This is a coupon insert that you’ll either find in your paper or the mail.
Register Rewards = Exclusive to Walgreens. They work like cash on your next order. (Some restrictions do apply.) Also refered to as RRs.
Rolling Catalinas – This means that you can use a catalina (see definition) as payment on another transaction of equal merchandise and another catalina will still print. Example, if you buy 5 “name brand items,” a $5 catalina will print. If you then buy another set of those same 5 “name brand items,” you can use the previous catalina you received as payment towards the order and another $5 catalina will print.
RR = Register Rewards. Exclusive to Walgreens. They work like cash on your next order. (Some restrictions do apply.)
S or SS = Smart Source. This is a big name coupon source. They not only send out inserts in the papers but they also have an online site with printables.
Stacking Coupons = This is the term used when stores will let you use their own store coupons along with a manufacturer’s coupon for the same item. Example: Most Targets would let you use their $ off “specific brand” product coupons along with a manufacturer’s coupon for that same “specific brand” product.
Triple Coupons = This is the term used when stores will triple a coupon’s value. Example, if you have a $1 off coupon, they’ll take $3 off. Stores vary on how often they do this ranging from never, always, on occasion or specific days of the week. Some stores may also set a maximum value limit. Example, no coupons over $2 and only 10 per transaction/day.
UPC = Universal Bar Code. This is the bar code that’s scanned on products for pricing/info at the stores. Several companies will ask you to mail these in on rebates
WAGS = Abbreviation for Walgreens
WT = Wine Tag. These are coupons that you’ll find hanging on the wine bottles in the stores.
YMMV = Your Mileage (Manager) May Vary. This is what you’ll see when someone finds a deal but they want you to know that your store branch may not offer the same deal.
WYB = When You Buy
Hope this list helps you out. :-) 

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