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legal capital

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Financial Dictionary

legal capital

Capital that by law or resolution must remain within a firm and that is restricted for purposes of dividends or other distributions. Legal capital is generally equal to the par or stated value of all outstanding stock. Also called stated capital.

Wall Street Words: An A to Z Guide to Investment Terms by David L. Scott.
Copyright © 2003. Published by Houghton Mifflin.
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Lawsuit Cash For Less
Fast $500-$5,000,000+. Low Low Rates. Apply By Phone 800-568-8321
www.lawcapital.com
Lawyer
SoCal licensed Attorney directory by Specialty. Free Consultations.
HandelontheLaw.com
Legal Dictionary

Main Entry: legal capital
see CAPITAL
Merriam-Webster's Dictionary of Law, © 1996 Merriam-Webster, Inc.
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