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 ?
The MIB provides the police with information extracted from the Motor Insurance Database (MID) of 38 million policy records to have this at their fingertips.
"As with most things, it was trial and error," but after a couple of years, an expert seamstress who had been sewing for MIB began hiring other seamstresses to work for her and offering MIB more services.
A fundamental element of FibreAlliance membership is each company's commitment to adhere to the FibreAlliance specification and to implement the MIB, protocol enhancements, and APIs.
Less than a month later his shift at the fire station was interrupted by a visit from the MIB.
If an insurer refuses insurance or charges a higher than normal premium based on information obtained from the MIB, the company must so inform the applicant, who is then entitled to a free copy of the MIB record to check its accuracy.
According to MIB, that market consumed some 2.138 billion lb of resins in 1989, almost half of that for containers and packaging.
To get some idea of how accessible your medical records are to others, consider the Medical Information Bureau (MIB).
The two-minute forty-three-second trailer which came out on April 25, features Tessa Thompson and Chris Hemsworth as two MIB agents.
The Commodity Futures Trading Commissions (CFTC) Division of Market Oversight (DMO) announced today that Mel Gunewardena has been named Deputy Director of the Market Intelligence Branch (MIB) and CFTCs Chief Market Intelligence Officer.
ElectroCore announced that the National Institute for Health and Care Excellence, or NICE, has published a Medtech innovation briefing, or MIB, on their non-invasive vagus nerve stimulator, or nVNS, gammaCore, for use in the treatment of cluster headache in adults.
The MIB said the system means uninsured drivers, who face a fine of up to PS1,000 and having their vehicle crushed, will be caught.
The 116th MIB (Aerial) conducts worldwide expeditionary and remote aerial reconnaissance, surveillance, and target acquisition; ISR; and associated tasking, collection, processing, exploitation, dissemination, and feedback of collected intelligence in support of Army unified land operations and joint requirements.