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capital is very broad term but in relation to business and shares the word capital is the amount of money

raised by issuance of shares.

The capital of a business is the money it has available to pay for its day-to-day operations and to fund its
future growth.

Which is the best definition of financial capital?


authorized capital : also known as nominal capital

the total no of capital authorized by the memorandum of assosiation of a


company.it is the maximum capital that a company can issue to the market

issed capital ; the face value of shares that have been issued to the shareholders.

subscribed capital :\ the value of shares investors have promised to buy when
they are released.

Called up Capital is the part of the capital which the company calls for payment.
This is the total amount that the company calls-up on the issued shares.

Paid Up capital

Paid up capital is the part of called up capital actually paid or credited by


shareholders on the issued shares.

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