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Meaning of “partly-paid shares” in the English Dictionary

"partly-paid shares" in Business English

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partly-paid sharesnoun [plural]

uk   us   (also partly-paid stock, partly paid-up share capital, contributing shares) STOCK MARKET
shares that have been bought, but for which the company has allowed shareholders to pay only part of the total value: A company can call on investors to pay the remaining value of partly-paid shares at any point in the future.
(Definition of partly-paid shares from the Cambridge Business English Dictionary © Cambridge University Press)
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