Difference between revisions of "authorized capital"
(Changed [en] label: authorized capital) |
(Changed [en] description: The maximum value of securities that a company can legally issue. This number is specified in the memorandum of association (or articles of incorporation in the US) when a company is incorporated, but can be changed...) |
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| description / en | description / en | ||
| - | + | The maximum value of securities that a company can legally issue. This number is specified in the memorandum of association (or articles of incorporation in the US) when a company is incorporated, but can be changed later with shareholders approval. Authorized share capital may be divided into (1) Issued capital - par value of the shares actually issued, (2) Paid up capital - money received from the shareholders in exchange for shares, and (3) Uncalled capital - money remaining unpaid by the shareholders for the shares they have bought. | |
Revision as of 00:18, 1 July 2019
The maximum value of securities that a company can legally issue. This number is specified in the memorandum of association (or articles of incorporation in the US) when a company is incorporated, but can be changed later with shareholders approval. Authorized share capital may be divided into (1) Issued capital - par value of the shares actually issued, (2) Paid up capital - money received from the shareholders in exchange for shares, and (3) Uncalled capital - money remaining unpaid by the shareholders for the shares they have bought.
| Language | Label | Description | Also known as |
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| English |
authorized capital
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The maximum value of securities that a company can legally issue. This number is specified in the memorandum of association (or articles of incorporation in the US) when a company is incorporated, but can be changed later with shareholders approval. Authorized share capital may be divided into (1) Issued capital - par value of the shares actually issued, (2) Paid up capital - money received from the shareholders in exchange for shares, and (3) Uncalled capital - money remaining unpaid by the shareholders for the shares they have bought.
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Data type
Quantity
