Definition of Share premium:
The amount by which the amount received by a company for a stock issue exceeds its face value.
Excess amount received by a firm over the par value of its shares. This amount forms a part of the non-distributable reserves of the firm which usually can be used only for purposes specified under corporate legislation. Also called paid-in surplus.
How to use Share premium in a sentence?
- Reduction of share capital or share premium account.
Meaning of Share premium & Share premium Definition