Share premium,
Definition of Share premium:
The amount received by a company for issuing shares is more than its nominal value.
The additional value received by the Company exceeds the nominal value of its shares, which are part of the Company's non-distributable reserves, which may normally be used only for the purposes provided for in the Company's law. Also known as overpayment.
How to use Share premium in a sentence?
- Decrease in share capital or issuance of premium.
Meaning of Share premium & Share premium Definition