Question

Explain share capital. What are the types of share capital.

Answer 1

A corporation's share capital or capital stock is the portion of a corporation's equity that has been obtained by the issue of shares in the corporation to a shareholder, usually for cash. "Share capital" may also denote the number and types of shares that compose a corporation's share structure.

Types/Nature of Share Capital:

Registered, Authorised or Nominal Capital: ...

Issued Capital: ...

Unissued Capital: ...

Subscribed Capital: ...

Called up Capital: ...

Uncalled up Capital: ...

Paid up Capital: ...

Reserve Capital or Reserve Liability: