The term 'clipped item' can refer to a COUPON, which is a 6-letter word. A COUPON is a voucher that can be exchanged for a discount or rebate when purchasing a product. Coupons are typically issued by manufacturers of consumer packaged goods or retailers, to be used in retail stores as a part of sales promotions. They are often widely distributed through mail, COUPON envelopes, magazines, newspapers, the Internet, directly from the retailer, and mobile devices such as cell phones.