i. Amount called up on shares by the company but not received. ii. Issue of share at its face value.

Question

Give one word/term/phrase for each of the following statements.

i. Amount called up on shares by the company but not received.

ii. Issue of share at its face value.

iii. The person who purchases the shares of a company.

iv. The form of business organisation where a huge amount of capital can be raised.

v. The capital is subscribed by the public.

Answer 1

i. Calls-in-Arrears

ii. Issue at par

iii. Shareholder

iv. Joint-stock company

v. Subscribed capital