Discount
A bond sold before it matures might not sell at full par value. If it sells below par, it is selling at a discount.
Concept at a glance
Definition and explanation
A bond sold before it matures might not sell at full par value. If it sells below par, it is selling at a discount. [1]
Exchange-traded funds (ETFs) and other publicly traded funds trade at a discount when the market price of a fund share is lower than the fund’s NAV per share. [1]
Source-supported connections
Frequently asked questions
What does Discount mean in the cited reference?
A bond sold before it matures might not sell at full par value. If it sells below par, it is selling at a discount. [1]
Discount connection map
Select a node to inspect the relationship and source.
Links retain their source-specific meaning. Award-time affiliations and links to related reading are not claims about current appointments or economic causation.
Sources and review dates
Reviewed 23 October 2026. Historical dates and award-time affiliations retain their original context. A review date is not an event date. Background sources are identified separately from official records.