Premium Either (1) the total cost of an option, or (2) the difference between a security’s face amount at issue and the higher price that is paid for a fixed-income security. Home Resources Startup Law Dictionary Premium Return to Glossary Need legal help? Schedule a free consultation with a world-class startup attorney on LawTrades. LET'S CHAT Roy G. Business Attorney Heather N. Business Attorney Jared S. Business Attorney Tell us about your project We'll connect you with a vetted attorney in just a few minutes. Trusted by top companies like :