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Share Premium Account |
Also found in: Wikipedia | 0.03 sec. |
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Share Premium Account Usually found on the balance sheet, this is the account to which the amount of money paid (or promised to be paid) by a shareholder for a share is credited to, only if the shareholder paid more than the cost of the share. Notes: The share premium account may be used to issue bonus shares, write-off equity related expenses like underwriting costs, etc. |
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