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Tender offer premium |
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Tender offer premiumThe premium offered above the current market price in a tender offer.Tender offer premium Similar MatchesForward premiumForward premiumA currency trades at a forward premium when its forward price is higher than its spot price. Insurance premium taxInsurance premium taxA tax imposed on certain insurance premiums where the risk is located in the UK. PremiumPremiumThe extra amount you pay for a security over and above its intrinsic value. For example: Warrants: the premium on a warrant is calculated as the price of the warrant minus the difference between the exercise price and the price of the underlying asset. So if a warrant costing 8p gives you the right to buy a share at 75p, and that share was currently trading at 70p, the premium would be 3p (8-5). Investment trusts: the premium is the amount by which the share price of the investment trust exceeds its net asset value per share. e.g. If the Net Asset Value is £3.00, and the share price of the trust is £3.30, the trust is trading at a 10% premium to its NAV. In the more common situation where the share price is below the net asset value, the trust is said to be trading at a discount. Percentage premiumPercentage premiumApplies mainly to convertible securities. Premium over parity of a convertible bond divided by parity. Premium bondPremium bondA bond that is selling for more than its par value. Further SuggestionsOption premiumRisk premium Liquidity premium equity risk premium option premium Single Premium Deferred Annuity (SPDA) Bond premium Premium income Risk premium warrant premium insurance premium Fixed premium Waiver of premium Indemnity Guarantee Premium Insurance premium High premium convertible debenture Default premium Call premium premium bonds Conversion premium Term premiums Premium waiver of premium single premium life insurance Risk premium approach |
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