DEFINITION of 'Market Discount'. The difference between a bond's stated redemption price and its purchase price on the secondary market, if it has been purchased at a price below par. Market discount arises when a bond's value on the secondary market decreases after it has been issued, usually because of an increase in interest rates.
A chalazion is a small bump in the eyelid caused by a blockage of a tiny oil gland. A chalazion is caused by a blocked duct in one of the meibomian glands. These glands are located in the eyelid directly behind the eyelashes. They produce a thin, oily fluid that lubricates the eye.
Chalazion is a swelling in your eyelid caused by chronic inflammation of one of the small oil producing glands (meibomian glands) located in the upper and lower eyelids. This swelling is localized and often resembles a pea-like lump under your eyelid skin.hen a chalazion is small and without symptoms, it may disappear without treatment. If the chalazion is large, it may cause blurred vision by distorting the shape of your eye. A chalazion is sometimes confused with a stye, which also appears as a lump in the eyelid.