parking coupon UK /ˈpɑːkɪŋ ˈkuːpɒn/US /ˈpɑɹkɪŋ ˈkjuˌpɑn/ noun1 •(Singapore) One of a booklet of punch-out coupons, available in various denominations, used by vehicle owners to pay for a parking space.Some Singaporeans still do not know how to fill in parking coupons under the Urban Redevelopment Authority’s coupon parking system despite a three-month introductory period. — 1980 formsparking coupons