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KembaraXtra – Legal Terms – Paid-Up Capital
Paid-up capital is the amount of money actually paid by shareholders to a company in exchange for shares.
Where shareholders pay the full value of their shares, the shares are described as fully paid-up.
If only part of the share price has been paid, the shares are known as partly paid-up shares.
The unpaid balance may later be demanded by the company as *uncalled capital.
Paid-up capital represents part of the company’s financial resources and shareholder investment.
Paid-up capital is the amount of money actually paid by shareholders to a company in exchange for shares.
Where shareholders pay the full value of their shares, the shares are described as fully paid-up.
If only part of the share price has been paid, the shares are known as partly paid-up shares.
The unpaid balance may later be demanded by the company as *uncalled capital.
Paid-up capital represents part of the company’s financial resources and shareholder investment.
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