Excess of actual capital over proportionate capital. Answer in a word / phrase / term.
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Excess of actual capital over proportionate capital⏩ Surplus.
Excess of actual capital over proportionate capital⏩ Surplus.
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Excess of actual capital over proportionate capital is known as surplus capital.
* It is alternatively known as share premium.
* In economic terms, it is referred to as 'paid-in capital in excess of par'.
* Alternatively it is also used to indicate an excess inflow of capital as compared to its outflow as per the balance of payment.
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