Authorized Capital
- Tuesday, February 24, 2009, 14:54
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The maximum value of shares that the firm can issue in order to raise the fund to support business.This can only be increased by permission of stockholders.
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Primary market is the type of capital market which deals with newly or first time issued securities. Companies, government can raise their fund by selling out their stocks and bonds. Dealers acts as intermediately or agent to sell out stocks,bonds to earn commission. The expansion of existing business or creating a new business requires funding....Read more
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