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original- issue discount bond (OID) A bond initially issued at a dollar price less than par which qualifies for special treatment under federal tax law.
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deep- discount bond A bond that sells at a significant discount (usually 20% or more) from face... default A failure to make required debt payments by the time they are due. It may also...
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Discount Bond A bond that is valued at less than its face amount. Double Barrelled Bonds secured by the pledge of two or more sources of repayment. Face Value The stated principal amount of a bond.
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One thing to be clear on is that while an accumulation bond is a discounted bond, it is not referred to as a discount bond. The concept behind a discount bond is very different.
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See also: Discount, Bond, Count, Interest, Bonds
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