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 ?
At 500 knots (250 m/s) airspeed, the aircraft moves 12 mm between consecutive laser pulses, a distance equal to the laser beam waist at the OID window.
Bondholders add the amount of OID taken into income each period to their basis in the bond.
"OiD is a fresh new concept and my vision is to have our own residency in the biggest clubs and festivals in the world within the next five years.
* 'add_inst(v1,v2,...): c' Insert a new instance and returns (to c) its OID.
As shown in Table 2, Pearson product-moment correlations between OID and LP were calculated for each of the AreaServe divisions.
For validation purposes we have used verbal scales of OID based on existing measures, and several variables that according to previous theory and research are either antecedents or consequences of OID, and should therefore correlate positively with identification.
An oid assignment for P is a function [Pi] mapping each name in P to a finite set of oids, and we call [Pi] disjoint if P [is not equal to] P' implies [Pi](P) [intersection] [Pi](P') = 0 (where P, P' [element of] P).
OID bonds are to appear in IRS Publication 1212 after bond issuers -- primarily corporations -- supply IRS with information by filing Form 8281, Information Return for Publicly Offered Original Issue Discount Instruments.
In recognition of these likenesses, the RRA made the treatment of redemptions of OID debt and preferred stock more similar.
In a statement signed by OID spokesperson, Ayotomiwa Adebayo, the group officially endorsed Makinde for Oyo State governorship in 2019.
Kreiter worked at the OID from 1980-1987 as an assistant commissioner and staff attorney.
According to the company, the borrowing was issued with 50 basis points of OID and will have the same terms as, and will be fungible with, the outstanding USD995m of term loans under its existing senior secured term loan facility.