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Federal Law
Legislation enacted by the national government of a country, applicable across the entire country.
Premium on Stock
The amount by which the sale price of a stock exceeds its par value, often occurring when investors view the company as having strong future prospects.
Par Value
Par value is a nominal or face value assigned to a share of stock or bond when it is issued, which has little significance today but was historically the legal capital of the share.
Capital Gain
The profit earned from the sale of an asset or investment exceeding its purchase price.
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