Related Words

Percentage Premium: Applies mainly to convertible securities. Premium over parity of a convertible bond divided by parity.

Premium Pay: Additional compensation paid for work performed outside of regularly scheduled work hours.

Premium Raid: An attempt to acquire a large portion of a company's stock to gain control by offering stockholders a premium over the market value for their shares.

Premium Taxes: State income taxes levied on an insurer's premium income.

Risk Premium: A risk premium is one way to measure the risk you'd take in buying a specific investment. Some analysts define risk premium as the difference between the current risk-free return — defined a . . . View Full Definition

Premium Only Plan (POP): Considered to be the most basic type of Section 125 plan, a POP is a benefit plan that is designed to allow employees to elect to make premium contributions on either a pre-tax or post-tax basis.

Premium On Stock: The excess of the issuance (market) price of stock over its par or stated value.

Premium: A prepaid payment or series of payments made to a health plan by purchasers, and often plan members, for medical benefits.

Premium (In Excess Of Par): A price paid for a security in excess of its face value.

Premium Bond: A bond that is selling for more than its par value.