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What is the meaning share premium ?

Asked by: 645 days ago - 1 Answers - 1759 views

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    The amount which is more than the face value is known as premium, it is kept as reserve for future losses.

    Eg: If the face value of share is Rs.10, and when it is sold out for Rs.12 or more then that amount is known as share premium

    Answer by Zubair Ahmed 645 days ago


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