The portion of subscribed capital which has not yet been called up. Answer in a word / phrase / term.
Answers
Answered by
2
Hey mate✌️✌️
The portion of subscribed capital which has not yet been called up.⤵️⤵️⤵️
(Uncalled Capital)
The portion of subscribed capital which has not yet been called up.⤵️⤵️⤵️
(Uncalled Capital)
Answered by
4
The portion of subscribed capital that has not yet been called up is known as the reserved capital.
- Reserve Capital is defined as part of the uncalled capital subscribed, which will not be called up until and unless the company enters liquidation.
- In other words, the share capital part is held by the corporation and will only be used when the event occurs.
- Sums allocated to a capital fund are held on a permanent basis and can not be used to pay investors dividends. They are allocated for specific purposes, such as long-term projects, capital loss mitigation, or any other long-term contingencies.
Similar questions