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Define the term in brief -Called-up share capital
Called-up share capital that you may find in some of balance sheets. It refers to that part of subscribed capital, which shareholders have been demanded or required to pay but have not paid as yet. This comes in the case where company has issued partly paid up shares and some shareholders have not paid the entire amount to make the shares fully paid up.
mini-case chapter 15:payout policy Megginson, Smart, Graham
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