What is the meaning of premium (in excess of par)?

premium > in excess of par

Premium (in excess of par) is a price paid for a security in excess of its face value. (See par).

Barry Goldsmith
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APABarry Goldsmith. (2010). premium (in excess of par). Retrieved September 26, 2026, from http://smartdefine.org/premium_(in_excess_of_par)/definitions/1160952
ChicagoBarry Goldsmith. 2010. "premium (in excess of par)" http://smartdefine.org/premium_(in_excess_of_par)/definitions/1160952 (accessed September 26, 2026).
HarvardBarry Goldsmith 2010, premium (in excess of par), Smart Define, viewed 26 September, 2026, <http://smartdefine.org/premium_(in_excess_of_par)/definitions/1160952>.
MLABarry Goldsmith. "premium (in excess of par)" 21 October 2010. Web. 26 September 2026. <http://smartdefine.org/premium_(in_excess_of_par)/definitions/1160952>