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    • Join Date: Aug 2005
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    #1

    Explaining words

    Dear Sirs,

    Kindly explain how different between 2 pharses below:

    Authorzied capital & Up-to-paid capital.

    Thanks & best regards,
    Ly

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    #2

    Re: Explaining words

    Authorized capital is the amount a company is allowed to raise.
    Paid-up capital is capital where the money has been given to the company, not just promised.


    • Join Date: Aug 2005
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    #3

    Re: Explaining words

    Quote Originally Posted by tdol
    Authorized capital is the amount a company is allowed to raise.
    Paid-up capital is capital where the money has been given to the company, not just promised.

    Thank you Sir
    Ly

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