discount bond

  

Definition

Bond that sells at below its par value, instead of paying interest like ordinary bonds. In most cases, discount bonds reduce the risk of being 'called' by the issuer before the bond's maturity date.

Related Videos




http://www.businessdictionary.com/definition/discount-bond.html

Mentioned in these terms

Browse by Letter: # A B C D E F G H I J K L M N O P Q R S T U V W X Y Z