stated capital
- The total worth specified for shares of a corporation's outstanding capital stock, whether they have par value or no par value
- The stated capital of the corporation was calculated by considering the total par value of the outstanding stock.
- When a company issues shares with no par value, they often assign a stated value, which contributes to the company's stated capital.
- Tracking the stated capital of the business helps us assess the company's financial footing.
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