### Question
How is the term original issue discount defined?


### Answer
The term **original issue discount** is defined in *26 U.S.C. § 6049* as the following:

> given to such term by section 1273(a).

#### Citation:
  - *26 U.S.C. § 6049*
  - Heading: **Subtitle F-Procedure and Administration > CHAPTER 61-INFORMATION AND RETURNS > Subchapter A-Returns and Records > PART III-INFORMATION RETURNS > Subpart B-Information Concerning Transactions With Other Persons**

