answersLogoWhite

0

What is nominal share capital?

Updated: 9/21/2023
User Avatar

Wiki User

11y ago

Best Answer

Nominal share capital is like an authorized share capital. The share capital that the company allowed (the maximum amount) to issue as registered capital when the company is incorporated. It can be changed later by the approval of the shareholders.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is nominal share capital?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is nominal share?

Nominal share capital is like an authorized share capital. The share capital that the company allowed (the maximum amount) to issue as registered capital when the company is incorporated. It can be changed later by the approval of the shareholders.


When calculating the cost of capital how should the share premium be calculated?

share premium could be calculated as by getting the difference between the market price of the share and its nominal price. Formula: Share Premium= Market Price - Nominal Price


What is authorised capital?

This can also be known as nominal or share capital. It is the amount of funds that are given for use to keep the operation running.


What is maximum authorised capital?

This can also be known as nominal or share capital. It is the amount of funds that are given for use to keep the operation running.


How you calculate the paid up capital?

The paid up capital = Number of authorised shares x nominal value per share


What Share premium?

the amount payable for a share above its nominal value. Most shares are issued at a premium to their nominal value. Share premiums are credited to the company's share premium account.


What are types of share capital?

Following are different types of share capital. 1 - Preference share capital 2 - Common share capital


Do you use the authorised share capital or issued share capital when getting the dividends declared?

issued share capital


Difference between issued share capital and equity share capital?

The authorised capital which is issued to the public is known as issued capital equity share capital is one of the class of capital


Is capital reserve a nominal account or real account?

yes


What are the difference between equity share capital and preference shares capital and examples?

Preference share capital is type of capital which has preference on other type of share capital as preference share capital may have more profit ratio than other and it is paid first from profit of company and preference share holders get there share even if company has earn no profit. Equity share capital is share capital on which share holders get share from profit in the last after paying every other obligation on company. Detail answer available in related link.


What are the types of preference share?

1.cumulative preference share capital 2.non cumulative preference share capital 3.participative preference share capital 4.non participative preference share capital