The excess of the par value of a company’s shares over the amount for what for which they are issued to the public is called? by Sunday | Aug 19 | Accounting WAEC | 0 comments A. discount B. profit C. loss D. premium E. reserve Correct Answer: Option D – premium Users Also Read These:The debenture issued at par above the nominal value…Company has an authorized capital of 100millon…A limited company has an authorized capital of…When shares are issued above their nominal value,…A public company has an authorized capital of 60,000…