Definitions for "Bond Premium"
Keywords:  par, oip, premium, disparity, sold
See premium on bonds payable. To Top
The excess of the price for which a bond is acquired or sold over its face value 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 premium (OIP). In governmental funds, bond premium associated with a bond sale is reported as another financing source.
Keywords:  bonus, account
Bonus Account
Keywords:  discount, see
See: Bond discount