Words / S / Law

share premium

phrase

C2CEFR level
85/100Rarity: very rare
TechnicalRegister

The excess of the price paid for a share over its nominal value, credited to a statutory reserve.

The amount received above par was transferred to the share premium account.

Topic: Corporate law in Legal English

Rarity runs from 0 (a word everyone knows) to 100 (almost never seen outside specialist or literary writing). Level is the word's real difficulty on the CEFR scale, from A1 to C2.

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More law words: Corporate law