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English definition of “fully-paid shares”

fully-paid shares

noun [plural]    
FINANCE, STOCK MARKET company shares for which investors have paid the total amount at which they were sold, rather than just part of the amount: The developer agreed to make buyers members of the management company by allotting them fully paid shares. → Compare partly-paid shares
(Definition of fully-paid shares noun from the Cambridge Business English Dictionary © Cambridge University Press)
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