Discount
The condition of the price of a bond that is lower than par. The discount equals the difference between the price paid for a security and the security's par value. Investopedia Says:
For example, if a bond with a par value of $1,000 is currently selling for $990 dollars, it is selling at a discount. Related Terms:
Banker's Acceptance - BA
Discount Bond
Non-Assessable Stock
Original Issue Discount
Premium
Rediscount
Roll-Down Return
Treasury Bill - T-Bill
Zero Coupon Bond |