ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
From the web's #1 provider of financial analysis / ratio analysis
BOND DISCOUNT Definition
BOND DISCOUNT is the excess of a bond face value over issued price.
Learn new Accounting Terms
PREMIUM BOND is a bond selling above its par value or its value at maturity.
PROOF OF CASH is a reconciliation of the general ledger cash balance at both the beginning and end of a period, combined with a reconciliation of cash deposited for the period with the cash receipts journal, and a reconciliation of checks for the period with the cash disbursements journal.
