Business / Finance / Discount Bond: Convertible: Difference between gross parity and a given convertible price. Most often invoked when a redemption is expected before the next coupon payment, making it liable for accrued interest. Antithesis of premium. General: Information that has already been taken into account and is built into a stock or market. Straight equity: Price lower than that of the last sale or inside market.
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
Discount Verb Synonyms: diminish, lessen, minimize, detract from
Discount Adjective Synonyms: reduce, mark down, deduct, lower, take or knock off
Business / Taxes / Deep Discount Bond: Deep discount bonds are originally issued with a par value, or face value, of $1,000. But they decline in value by at least 20% — to a market value of $800 or less — typically because interest rat MORE
Business / Finance / Discount Broker: Debt sold for less than its principal value. If a discount bond pays no coupon, it is called a zero coupon bond. MORE