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premium

Definition 1

General: Excess over apparent worth.

Definition 2

Banking: Fee charged for advancing a loan (see points).

Definition 3

Commerce: Merchandise offered free or at reduced price to make a combined offer (see bundling) more attractive to the customer.

Definition 4

Mutual funds: Closed-end mutual fund's market price above its net asset value.

Definition 5

Securities: Amount by which a security is selling at above its par value.

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