Business and Personal Finance Dictionary

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• ORIGINAL FACE - the original principal amount, or face value, of a mortgage-backed security.
  
  
• ORIGINAL FACE OR ORIGINAL FACE VALUE - The total principal amount of all of the loans in an MBS pool as...
  
  
• ORIGINAL FACE VALUE - The principal amount owed on a mortgage on the date of its negotiation as shown o...
  
  
• ORIGINAL ISSUE DISCOUNT - A bond or other debt security that is issued at less than par value but redee...
  
  
• ORIGINAL ISSUE DISCOUNT (OID) - a discount from par value of a bond or debt-like instrument. In structu...
  
  
• ORIGINAL ISSUE DISCOUNT DEBT (OID DEBT) - Debt that is initially offered at a price below par.
  
  
• ORIGINAL ISSUE DISCOUNT SECURITIES (OIDS) - Bonds on which the coupon rate is set considerably below th...
  
  
• ORIGINAL MARGIN - The initial deposit of funds, as good faith monies, when a position is initiated in o...
  
  
• ORIGINAL MATURITY - Maturity at issue. For example, a five-year note has an original maturity of five y...
  
  
• ORIGINAL PRINCIPAL BALANCE - Same as ORIGINAL FACE VALUE - The principal amount owed on a mortgage on t...