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Reddit Premium (formerly Reddit Gold) is a premium membership that allows users to view the site ad-free. [116] Until 2023, subscribers could also use coins to award posts or comments they valued, generally due to humorous or high-quality content. [ 117 ]
A bond is purchased "at a discount" if its redemption value exceeds its purchase price. It is purchased "at a premium" if its purchase price exceeds its redemption value. [1] Thus, the right will only be exercised at a discount. [2] See: Callable bond; Embedded option; Convertible bond.