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original issue discount
o·rig·i·nal is·sue dis·count (plural o·rig·i·nal is·sue dis·counts)


noun 
Definition:
 
finance discount at bond's issue: a discount offered when a bond is first sold
Encarta® World English Dictionary [North American Edition] © & (P)2009 Microsoft Corporation. All rights reserved. Developed for Microsoft by Bloomsbury Publishing Plc.
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