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 ?
Pray joined the MIB Board in 2011 and will serve as its new Chairman, 2015-2016.
If false negative information is contained in your MIB file, then your choice has already been limited.
Jacki Goldstein begins her first term on the MIB Board in May 2014.
Nothing is a more frustrating than having to post a notice on an online forum for a seldom-used but critical MIB.
Renkim needed a way to provide seamless integration between their systems, the MIB and AAA Life.
We're excited to add the MIB to our list of Independent Community Banker (ICBA) affiliate members that has decided to make our insurance products available to its membership," said Richard Lacy, national business development director, Financial and Professional Services, St.
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com/regLI) along with the MIB Life Index Annual Reports.
Elected to three-year terms on the MIB Board of Directors starting May 2013 will be Michael Bishop, FSA, MAAA, Exchange Market Lead, WellPoint, Inc.
Each MIB MarketTrack seamlessly integrates continuously updated MIB databases -- Competing Technologies, Clinical Trials and Competing Companies -- along with an in-depth, continuously updated Research Study.
25, 2013 /PRNewswire/ -- Strength in the first half of the year was sustained in the closing quarters of 2012 driving the MIB Life Index up +1.