Home > Term: original issue discount (OID)
original issue discount (OID)
The discount from par value at the time a bond is issued. The bond's value can be accreted (increased) over the life of the bond from the original discounted price up to par.
- Part of Speech: noun
- Industry/Domain: Financial services
- Category: Funds
- Company: Merrill Lynch
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Creator
- MJ63
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