Meaning DISCOUNT BOND: Debt sold for less than its principal value. If a discount bond pays no coupon, it is called a zero coupon bond
More terms such as Discount bond in Dictionary D.
- Definition Debt Service Coverage:
- Examples The ratio of cash flow available to the borrower to the annual interest and principal payments on a loan or other debt discount bond definition.
- Definition Dating:
- Examples Credit extension beyond normal terms of a credit supplier discount bond explain.
- Definition Documented Discount Notes:
- Examples backed by normal bank lines of credit plus a letter of credit from a bank stating that it will pay off the paper at maturity if the borrower defaults. Such paper is also referred to as L.O.C. paper discount bond what is.
- Definition Days' Sales Outstanding:
- Examples Average collection period discount bond meaning.
- Definition Domestic Market:
- Examples A nation's internal market representing the mechanisms for issuing and trading securities of entities domiciled within that nation. Compare external market and foreign market discount bond abbreviation.