Calls on Partly Paid Shares
/ˈkɔːlz ɒn ˈpɑːtli peɪd ʃɛərz/
Definitions
- (n.) The sums of money demanded by a company from shareholders on their partly paid shares as part of the payment due on those shares.
The company issued calls on partly paid shares to collect the remaining capital from investors.
Forms
- calls on partly paid shares
- call on partly paid share
Related terms
See also
Commentary
This term specifically refers to demands for payment on shares that have not yet been fully paid for by the shareholder. Clarity in drafting calls provisions is crucial to enforceability.
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.