Accountancy, asked by gillnirankar519, 3 months ago

What is nominal capital?​

Answers

Answered by bhargav200508
0

Explanation:

The authorised capital of a company (sometimes referred to as the authorised share capital, registered capital or nominal capital, particularly in the United States) is the maximum amount of share capital that the company is authorised by its constitutional documents to issue (allocate) to shareholders.

Answered by chandramaniraul0
0

Answer:

The authorised capital of a company is the maximum amount of share capital that the company is authorised by its constitutional documents to issue to shareholders. Part of the authorised capital can remain unissued. This number can be changed by shareholders' approval. ...

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