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What is the term for the part of a company's authorized capital that is offered to the public for subscription?
Business/Management
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2 stepsAnalyze Question 1.
Question 1 asks for the term describing the part of a company's authorized capital offered to the public for subscription.
- Issued capital is the portion of a company's authorized capital that has been offered to the public for subscription and allotted to shareholders.
- Called-up capital is the portion of issued capital that the company has requested shareholders to pay.
- Paid-up capital is the portion of called-up capital that shareholders have actually paid.
- Nominal capital (or authorized capital) is the maximum amount of share capital a company is authorized to issue.
The correct definition matches issued capital.
The final answer is
Step 2
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