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premium |
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premium 1. an amount paid in addition to a standard rate, price, wage, etc.; bonus 2. the amount above nominal or par value at which something sells 3. a. an offer of something free or at a specially reduced price as an inducement to buy a commodity or service b. (as modifier): a premium offer 4. a fee, now rarely required, for instruction or apprenticeship in a profession or trade How to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit webmaster's page for free fun content. |
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Moreover, to ensure such debentures will trade in a manner equivalent to the underlying MLP units, no exchange premium was placed on the debentures. 12 per common share, which is an exchange premium of approximately 20% based on the last reported sale price on the New York Stock Exchange of $30. 95 per share of Duke's common stock and an exchange premium of approximately 20. |
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