Accounting Question
Premium of Bond redemption: If a callable bond is called, the issuer pays money to bondholders above and above the face value of the bond. The redemption premium is intended to make up for some of the interest payments that bondholders have missed. It's especially beneficial if they can only reinvest in lower-yielding securities.
Discount of Bond Redemption: A discount means a scenario in which a bond trades for less than its par or face value. These include pure instruments for discount. What's a Coupon Zero Bond? A null coupon bond is a financial security not paid for by interest but which has a profound discount and profits when it is restored at maturity.
Loss on Bond Redemption: if the carrying amount of the bond is lower than the amount paid on redemption it's called loss on a bond redemption to the issued company.
Gain on Bond Redemption: If the carrying amount of the bond is more than the amount paid on redemption it's called loss on a bond redemption to the company.
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