Difference between revisions of "Original issue discount bond"
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According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | According to [[Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition)]], | ||
:[[Original issue discount bond]] ([[OID bond]]). In general, any bond originally offered at a price that is significantly below its par value. | :[[Original issue discount bond]] ([[OID bond]]). In general, any bond originally offered at a price that is significantly below its par value. | ||
| + | According to [[Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition)]], | ||
| + | :[[Original issue discount bond]] ([[OID bond]]). Any bond originally offered at a price below its par value. | ||
==Related concepts== | ==Related concepts== | ||
Latest revision as of 23:17, 1 November 2019
Original issue discount bond (alternatively known as OID bond) is, in general, any bond originally offered at a price that is significantly below its par value.
Definitions
According to Financial Management Theory and Practice by Eugene F. Brigham and Michael C. Ehrhardt (13th edition),
- Original issue discount bond (OID bond). In general, any bond originally offered at a price that is significantly below its par value.
According to Fundamentals of Financial Management by Eugene F. Brigham and Joel F. Houston (15th edition),
- Original issue discount bond (OID bond). Any bond originally offered at a price below its par value.
Related concepts
- Financial management. A combination of enterprise efforts undertaken in order to procure and utilize monetary resources of the enterprise.
