Examlex
In partial seizures,
Loss On Redemption
The loss incurred when a debt obligation or security is redeemed before its maturity date at a value less than the original purchase price or par value.
Carrying Amount
The balance of the bonds payable account (face amount of the bonds) less any unamortized discount or plus any unamortized premium.
Unamortized Discount
The portion of a bond's face value that has not yet been expensed as interest over time to reflect the bond being issued below its par value.
Redeemed
The act of paying off or buying back something, such as repaying a bond or exchanging a coupon for goods.
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