unamortized bond premium

unamortized bond premium definition - business

unamortized bond premium

When a bond is originally sold at a premium to par value, the difference between the par value and the proceeds from selling the bond that have not yet been subtracted from interest expense.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

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