Definitions for "bond discount"
The amount by which a bonds par exceeds its market price. also called discount.
See discount on bonds payable. To Top
The excess of the face value of a bond over the price for which it is acquired or sold resulting from a disparity between the market rate of interest and the stated rate of interest on the bonds, also referred to as original issue discount (OID). In governmental funds, bond discount associated with a bond sale is reported as an other financing use.
Keywords:  indenture
bondholder bond indenture