Financial and business terms. 2012.
original issue discount — ( OID) The amount of the difference between the par or redemption price and the price of the security at the time of its original issue. Issuers can issue securities with OID as an alternative to making periodic interest payments as a means of… … Financial and business terms
original-issue discount — ( OID) The amount of the difference between the par or redemption price and the price of the security at the time of its original issue. Issuers can issue securities with OID as an alternative to making periodic interest payments as a means of… … Financial and business terms
discount securities — (1) Securities that do not pay periodic interest. Investors earn the difference between the discount issue price and the full face value paid at maturity. Treasury bills, banker s acceptances, and zero coupon bonds are discount securities. Most… … Financial and business terms
bond discount — The difference by which a bond s market price is lower than its face value. The antithesis of a bond premium, which prevails when the market price of a bond is higher than its face value. Bloomberg Financial Dictionary See: original issue… … Financial and business terms
Reverse convertible securities — Reverse convertible security or reverse convertible is a short term note linked to an underlying stock. The security offers steady stream of income due to the payment of a high coupon rate. At maturity, the investor will receive either 100% of… … Wikipedia
OIDS — ( original issue discount securities) bonds on which the coupon rate is set considerably below the yield to maturity at the time of issuance so that the bonds are issued at a discount from a par value. Bloomberg Financial Dictionary … Financial and business terms
1099 — A statement sent to the IRS and taxpayers by the payers of dividends and interest and by issuers of taxable original issue discount securities. Bloomberg Financial Dictionary … Financial and business terms
OID — original issue discount (OID) The amount of the difference between the par or redemption price and the price of the security at the time of its original issue. Issuers can issue securities with OID as an alternative to making periodic interest… … Financial and business terms
Monetary policy of the United States — Banking in the United States Monetary policy The Federal Reserve System Regulation Lending Credit card Deposit accounts Savings account Checking account Money market account Certificate of deposit … Wikipedia
Bank of America Home Loans — Type Subsidiary of Bank of America Founded 1969 (Countrywide), February 2009 (Bank of America Home Loans) Headquarters Calabasas, CA, USA (Countrywide Financial) Cha … Wikipedia
