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.
From Wikipedia, the free encyclopedia. For the fungi genus, see Chalazion (fungus) . A chalazion (/kÉËleÉªziÉn/ ; plural chalazia /kÉËleÉªziÉ/), also known as a meibomian gland lipogranuloma, is a cyst in the eyelid that is caused by inflammation of a blocked meibomian gland, usually on the upper eyelid.Chalazia differ from styes (hordeola) in that they are subacute and usually painless nodules.rom Wikipedia, the free encyclopedia. For the fungi genus, see Chalazion (fungus) . A chalazion (/kÉËleÉªziÉn/ ; plural chalazia /kÉËleÉªziÉ/), also known as a meibomian gland lipogranuloma, is a cyst in the eyelid that is caused by inflammation of a blocked meibomian gland, usually on the upper eyelid.