Amortizable Bond Premium

Description and Definition of Amortizable Bond Premium

An Amortizable Bond Premium is the amount paid over the face value of the bond. You reduce your taxable bond interest by your bond premium amortization amount each year until the bond matures.

Resources

See Also

Further Reading

• Amortizable Bond Premium in the West's Tax Law Dictionary
• Amortizable Bond Premium in “A Dictionary of Taxation”