partly-paid


partly-paid
When a share is issued, the person applying for it must pay to the company, in cash or equivalent value, the amount of its nominal value together with any premium required by the company. Shares are fully paid when the whole amount has been received by the company (or exceptionally when the shareholder has given an undertaking to pay the whole amount). Shares may also be issued on the basis that only part of their price is to be paid at the outset with the remainder being required when called for by the company.
See also fully-paid

Easyform Glossary of Law Terms. — UK law terms.

Look at other dictionaries:

  • Partly Paid —    A system of payment that allows shareholders or bondholders to pay only part of the determined price for a new issue, with the rest being settled on a fixed future date …   Financial and business terms

  • partly-paid stock — ➔ stock1 * * * partly paid stock UK US noun [U] STOCK MARKET ► PARTLY PAID SHARES(Cf. ↑partly paid shares) …   Financial and business terms

  • partly-paid shares — UK US noun [plural] (also partly paid stock, partly paid up share capital, contributing shares) STOCK MARKET ► shares that have been bought, but for which the company has allowed shareholders to pay only part of the total value: »A company can… …   Financial and business terms

  • partly paid-up share capital — UK US noun [U] STOCK MARKET ► PARTLY PAID SHARES(Cf. ↑partly paid shares) …   Financial and business terms

  • partly-paid share — ➔ Share …   Financial and business terms

  • partly paid share — A share the full par value of which has not been paid by the shareholder. Formerly, partly paid shares were issued by some banks and insurance companies to inspire confidence, in the knowledge that they could always call on their shareholders for …   Accounting dictionary

  • partly paid share — A share the full par value of which has not been paid by the shareholder. Formerly, partly paid shares were issued by some banks and insurance companies in the knowledge that they could always call on their shareholders for further funds if… …   Big dictionary of business and management

  • partly-paid up shares — /ˌpɑ:t(ə)li peɪd ʌp ʃeəz/, partly paid shares /ˌpɑ:t(ə)li peɪd ʃeəz/ plural noun shares where the shareholders have not paid the full face value …   Dictionary of banking and finance

  • partly paid shares — Shares where the shareholder is still liable to pay an additional sum of money to the issuer when the outstanding amount is called by the directors. If the shareholder does not pay the outstanding amount, his share will be cancelled with no… …   Financial and business terms

  • partly paid security — iš dalies apmokėtas vertybinis popierius statusas Aprobuotas sritis kolektyvinio investavimo subjektų veikla apibrėžtis Vertybinis popierius, pagal kurį buvo sumokėta tik dalis kapitalo sumos ir premijos (angl. only part of the capital amount and …   Lithuanian dictionary (lietuvių žodynas)


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