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discount bond

 - 3 dictionary results
Financial Dictionary

Discount Bond

A bond that is valued at less than its face amount.

Investopedia Commentary

This either means the bond is high risk or it offers a low coupon rate.

Related Links

Bond Basics Tutorial

See also: Discount, Discount Note, Face Value, Original Issue Discount, Zero Coupon Bond

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Financial Dictionary

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.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Legal Dictionary

Main Entry: discount bond
see BOND 2
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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