Bond Discount

Business / Accounting / Bond Discount: The difference between the face value and the sales price when bonds are sold below their face value.

Other Words for Bond

Bond Noun Synonyms: tie(s), shackles, chains, fetters, manacles, handcuffs, trammels, thongs, cord(s), rope(s), restraint(s), constraint(s), check(s), control(s), rein(s)
Bond Verb Synonyms: cement, bind, hold together, stick, cohere
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Other Words for Discount

Discount Verb Synonyms: diminish, lessen, minimize, detract from
Discount Adjective Synonyms: reduce, mark down, deduct, lower, take or knock off
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Obligation Bond

Business / Debt / Obligation Bond: Mortgage bond whose face value exceeds the value of the underlying property, and for which a personal obligation is created to compensate the lender for any costs that may exceed the value of the mort MORE

Nine-Bond Rule

Business / Finance / Nine-Bond Rule: An NYSE rule requiring that orders for nine bonds or fewer stay on the floor for one hour to seek a market. MORE

Municipal Revenue Bond

Business / Finance / Municipal Revenue Bond: A bond issued to finance a public project that is funded by receipts from the project's operation. MORE

Optional Payment Bond

Business / Finance / Optional Payment Bond: A bond whose principal and/or interest may be paid in foreign or domestic currency at the discretion of the bondholder. MORE

Original Issue Discount

Business / Taxes / Original Issue Discount: A bond or other debt security that is issued at less than par but can be redeemed for full par value at maturity is an original issue discount security. The appeal, from an investor's perspective, is MORE

PAC Bond

Business / Finance / PAC Bond: Stands for Planned Amortization Class bond. A tranche class offered by some CMOs that has a sinking fund schedule and an ability to make principal payments that are not subordinated to other classes. MORE

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