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share premium

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share premium
n
(Economics, Accounting & Finance / Stock Exchange) Brit the excess of the amount actually subscribed for an issue of corporate capital over its par value Also called (esp US) capital surplus


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47 million) from the share premium to the capital account.
Minimum capital The share premium (if any) will be taken into account for the computation of the minimum capital.
Including the share premium, the bank's total equity has increased by 252pc during the year to $216.
 
 
 
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