OID

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OID

Original Issue Discount

The difference between a bond's face value and the amount for which it is sold by the issuer. Many bonds, especially those with low interest rates, are issued at a price less than par in order to entice buyers. Generally, the lower the interest rate, the greater the original issue discount, with zero-coupon bonds having the largest. Short of default, the original issue discount is a guaranteed profit for a bondholder, as bonds must be redeemed at face value. It is considered a form of interest and may be taxed as such.

OID

References in periodicals archive ?
She counts The Guid Sisters as only her third proper play, after Denise Mina's A Drunk Woman Looks at the Thistle and Men Should Weep.
Members of the Cornet's Club, which appointed those who led the Guid Nychburris Festival on June 21, dealt with the complaints at a private meeting four days ago.
and "Biddin ye a blythe yuletide an a guid new yier
40), runner-up to Guid Willie Waught at Market Rasen, can go one better for the same jockey-trainer combination.
Frances Healy - Niamh Corrigan in the soap - quit her lead role in The Guid Sisters for professional and personal reasons on Monday after two shows.
Net result: In Chester less than 15 minutes and already two guid out of pocket.