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Tip of the Day

Tip of the Day Avoid Fees

Avoid Fees - When using long-term investments as a money-earning vehicle, it is wise to remember that any returns that are made on that money must deduct any fees paid...

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Paid-up Capital


Paid-up Capital - Paid-up Capital is the amount in the currency paid by a subscriber or subscribers in payment of a bank stock or stocks when issued. Bank stock is unsubscribed at less than par and the payment is in cash currency. If issued at a premium it is listed paid-up capital in full. The excess over par, if the stock certificate is issued is resolved through the directors and set aside as a rest or a reserve. Funding within the meaning of the expression in the Bank Act, earning a substantial amount over the dividends paid to the current holders of stock.

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Daily Definition

Definition of the Day Quick Ratio

Definition: A ratio that measures a company's ability to meet its current liabilities with its liquid assets. TeenAnalyst Advice: It's important that a company be able to pay their debts and other ...

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