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A bond's carrying value exceeds its face value when it is sold at a premium.

Can we utilize this amount as cash?

With singular, uncountable nouns, we use "amount," and with plural nouns, we use "amounts." Under the bed, there is a lot of money. In his cold wallet, he has sizable cryptocurrency holdings. Since "money" is an idiomatic phrase in the examples above, we substitute "amount" instead.

What do the terms "amount" and "balance" mean?

The balance is the sum of money due (or due) on an account in banking and accounting. The term "balance" in bookkeeping refers to a difference between the total of debit and the total of credit entries made into an account over the course of a certain accounting statement.

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