The excess of issue price over par of common stock is termed as:

Name: The excess of issue price over par of common stock is termed as:
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The excess of issue price over par of common stock is termed as a premium. A premium occurs when investors are willing to pay more for the stock than its par value, indicating a high level of confidence in the company's future prospects. This excess is recorded in the books as part of the company's equity, specifically, in the additional paid-in capital account.

The Excess of Issue Price Over Par of Common Stock