Call on Shares
/ˌkɔːl ɒn ʃɛərz/
Definitions
- (n.) A formal demand by a company requiring shareholders to pay the remainder of the amount due on shares that have been partly paid.
The company made a call on shares to raise additional capital from its investors.
Forms
- call on shares
- call on share
- calls on shares
- called on shares
- calling on shares
Related terms
See also
Commentary
Use in drafting must clarify whether the call arises under the company's articles or relevant corporate law, as procedures and shareholder obligations vary.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.