Nominal Capital

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Authorised capital
The authorised capital of a company (sometimes referred to as the authorised share capital or the 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 to shareholders. Part of the authorised capital can (and frequently does) remain unissued.
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Nominal Capital
the par value of shares of stock or equity a corporation has issued.

Copyright © 2001, Ray Wright

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