features of issued capital
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Definition of issued capital.
The share capital that has been issued to shareholders. This is part of a company's authorised capital (the maximum amount of capital a company can issue under its articles of association). The part that has not been issued is called unissued capital.
Features of Issued Capital :-
- Owned capital: Share capital is owned capital of the company.
- Remains with the company: It remains with the company till its liquidation.
- Dependable sources: Share capital is the most dependable source of finance for the joint stock companies.
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