See Also: Original issue discount(finance)
Original Issue Discount(law)
Original issue discount bond(finance)
Original Issue Discount securities (OIDS)(money)
Original issue discount securities (OIDS)(finance)
Original issue discount debt (OID debt)(finance)
Original issue discount debt (OID debt)(money)
Original(money)
original sin(dictionary)
Original(medicine)

Original Issue Discount (law)




Under the income tax law, a system under which interest is imputed on a debt instrument that fails to state a total interest equal to the applicable federal interest rate for loans of that term. This most often occurs with informal loans between family me