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.
Preparing Bonds
Learn about over various terms and concepts that may arise while preparing a bond issue.
See Also
Start with the Bond Basics
Hundreds of Terms and Concepts
Tax Increment Financing (“TIF”) Bonds
Bonds are special obligations secured by incremental increases in tax revenues paid by users of developed property or by general increases in taxable values within a designated tax increment area.