Original Issue Discount (“OID”)
The amount by which the par value of a bond exceeds its issue price.
bond-basics
Par Value
The stated or face amount of a Bond. The Par Value is also referred to as the face amount.
See Also
Start with the Bond Basics
Term of the Week
Securities Act of 1933
Law designed to ensure that investors are provided with material information about new issues of securities offered for sale to the public.