"bond discount" meaning in English

{
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      "form": "bond discounts",
      "tags": [
        "plural"
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      "expansion": "bond discount (plural bond discounts)",
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
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      "glosses": [
        "A reduction from the face amount of a bond that occurs where bonds are sold on the market for cash at a price less than the face amount. Since bonds mature years after issue, they are discounted to reflect present value."
      ],
      "id": "en-bond_discount-en-noun-NYCQm7S4",
      "links": [
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        [
          "reduction",
          "reduction"
        ],
        [
          "mature",
          "mature"
        ],
        [
          "discount",
          "discount"
        ]
      ],
      "raw_glosses": [
        "(law) A reduction from the face amount of a bond that occurs where bonds are sold on the market for cash at a price less than the face amount. Since bonds mature years after issue, they are discounted to reflect present value."
      ],
      "topics": [
        "law"
      ]
    }
  ],
  "word": "bond discount"
}

{
  "forms": [
    {
      "form": "bond discounts",
      "tags": [
        "plural"
      ]
    }
  ],
  "head_templates": [
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      "expansion": "bond discount (plural bond discounts)",
      "name": "en-noun"
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  "lang": "English",
  "lang_code": "en",
  "pos": "noun",
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      "glosses": [
        "A reduction from the face amount of a bond that occurs where bonds are sold on the market for cash at a price less than the face amount. Since bonds mature years after issue, they are discounted to reflect present value."
      ],
      "links": [
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          "law",
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        [
          "reduction",
          "reduction"
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        [
          "mature",
          "mature"
        ],
        [
          "discount",
          "discount"
        ]
      ],
      "raw_glosses": [
        "(law) A reduction from the face amount of a bond that occurs where bonds are sold on the market for cash at a price less than the face amount. Since bonds mature years after issue, they are discounted to reflect present value."
      ],
      "topics": [
        "law"
      ]
    }
  ],
  "word": "bond discount"
}