Advertisement Remove all ads

Explain the following term/concept. Owned capital - Secretarial Practice

Short Note

Explain the following term/concept.

Owned capital

Advertisement Remove all ads

Solution

(a) The capital raised by the company with the help of owners (shareholders) is called owned capital or ownership capital. Owned capital is regarded as permanent capital, as it is returned only at the time of winding up of the company.
(b) Owned capital can be raised in the form of Shares, i.e, Equity and Preference Shares, and Retain Earning.

Concept: Sources of Owned Capital
  Is there an error in this question or solution?
Advertisement Remove all ads

APPEARS IN

Balbharati Secretarial Practice 12th Standard HSC Maharashtra State Board
Chapter 2 Sources of Corporate Finance
Exercise Q.2 | Q 2 | Page 37
SCERT Maharashtra Question Bank 12th Standard HSC Secretarial Practice Maharashtra State Board 2021
Chapter 2 Sources of Corporate Finance
Explain the following terms/concepts | Q 2
Advertisement Remove all ads
Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×