Concept:Shares issued at a price lower than their nominal or face value are known as shares issued at a discount.
Explanation:The nominal value of a share is its face value printed on the share certificate.
When a company issues shares at a price below this face value, the difference is called a discount.
For example, if a share with a face value of ₦10 is issued for ₦8, it is issued at a discount of ₦2.
Issuing shares at a discount is allowed only under certain conditions and with legal approval.
Hence, shares issued below nominal value are referred to as shares at discount.
Answer:B. discount