When the shares of a company are issued more than its nominal value (face value), the excess amount is called .

dividend

No worries! We‘ve got your back. Try BYJU‘S free classes today!

premium

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

discount

No worries! We‘ve got your back. Try BYJU‘S free classes today!

interest

No worries! We‘ve got your back. Try BYJU‘S free classes today!

Open in App

Solution

The correct option is B premium
Premium is the excess amount in case the shares of a company are issued more than its nominal value.

Suggest Corrections

Similar questions

When the shares of a company are issued more than its nominal value (face value), the excess amount is called __________.

When amount received from debentureholders on allottment is more than their face value/nominal value, they are said to be issued at ___

Join BYJU'S Learning Program