Certificates of deposit that are offered at an issue price that is less than the stated face value at maturity. The difference between the issue price (the amount invested) and the stated redemption value of the account at maturity is called the original issue discount.
Barry Goldsmith
| APA | Barry Goldsmith. (2010). discount certificates. Retrieved September 22, 2026, from http://smartdefine.org/discount_certificates/definitions/1152114 |
| Chicago | Barry Goldsmith. 2010. "discount certificates" http://smartdefine.org/discount_certificates/definitions/1152114 (accessed September 22, 2026). |
| Harvard | Barry Goldsmith 2010, discount certificates, Smart Define, viewed 22 September, 2026, <http://smartdefine.org/discount_certificates/definitions/1152114>. |
| MLA | Barry Goldsmith. "discount certificates" 21 October 2010. Web. 22 September 2026. <http://smartdefine.org/discount_certificates/definitions/1152114> |