Charter Capital

Charter Capital - Charter capital is two company or corporation's assets brought together to form a new company. For instance, a stock company with joint ownership takes its charter capital and divides it into particular number of shares in which it exchanges for contributions, where the shareholders are free to transfer their ownership interests by selling their stockholdings to other investors, at any time they feel it is convenient to do so. There are two types of joint ownership, private and open market. The shares are generally held by directors and assume debts to which they agree to be liable.