The amount, if any, by which the price paid by the purchaser of a Bond exceeds the Par Value of the Bond.  For example, if a $5,000 Bond is purchased for $5,500, there is a $500 Premium.

See Also

Par Value

The stated or face amount of a bond.

Hudson Yards Rail Yards

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Hundreds of Terms and Concepts

Writ of Mandamus

An order from a court to a government official ordering the government official to properly fulfill their official duties or correct an abuse of discretion.