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discount bond
(redirected from Bond (finance))

    Also found in: Wikipedia 0.03 sec.
Discount bond
Debt sold for less than its principal value. If a discount bond pays no coupon, it is called a zero coupon bond.
discount bond
A bond selling at a price that is less than its par value. In addition to semiannual interest payments, a discount bond offers investors additional appreciation if the security is held until maturity.


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