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Bond discount
Noun
Word Frequency:
0.1
Definitions
1.
Noun
A reduction from the face amount of a bond that occurs where bonds are sold on the market for cash at a price less than the face amount. Since bonds mature years after issue, they are discounted to reflect present value.
Synonyms
bank discount
discount
discount rate
bond premium
price of money
clean price
bond market
quantity discount
redemption value
call value
coco bond
sale
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