Legal Definition and Related Resources of Capital
Meaning of Capital
As an adjective, means chief , principal , or of pertaining to the death penalty , punishable with death. As a noun, in commercial parlance, means the fund or the sum of money that one is willing to or actually has invested in his undertaking , trade , calling or profession . In relation to corporations, the word capital could refer to authorized capital of the corporation ; that is the total amount of money that can be subscribed for all the shares of the corporation, pursuant to the limitations laid down under its charter or articles of incorporation ; or it could refer to issued capital, namely , the aggregate of the face value of all shares that have been allotted in a corporation; paid up capital, that is, the actual amount that has been paid or deemed to have been paid for the allotment of shares actually issued; and finally, uncalled capital, that is, that amount of the subscription for the allotment of shares that has not actually yet been paid. Frequently, the word capital is used in contradistinction to income .
Capital Alternative Definition
(1) The amount of money invested in a business; the fund dedicated to a business to support its credit, to provide for contingencies, to suffer diminution from losses, and to derive accretion from gains and profits. 30 Fed. 410. As used in the revenue act it does not include money temporarily borrowed. 21 Wall. (U.S.) 284.
(2) The actual estate, whether in money or property, which is owned by an individual or a corporation. In reference to a corporation it is the aggregate of the sum subscribed and paid in by the shareholders, with the addition of all gains or profits realized in the use or investment of those sums. 23 N. Y. 219.
(3) Affecting human life. See Capital Crime; Capital Punishment.
Financial Definition of Capital
Money invested in a firm.
Synonyms of Capital
- available means
- bank annuities
- cash supplies
- economic resources
- financial provision
- financial resources
- funds for investment
- funds in hand
- investment portfolio
- line of credit
- liquid assets
- pecuniary resources
- ready cash
- working assets Associated Concepts: authorized capital
- capital account
- capital assets
- capital budget
- capital case
- capital construction
- capital contribution
- capital crime
- capital expenditure
- capital gains
- capital gains tax
- capital improvement
- capital in a corporation
- capital investment
- capital loss
- capital of a state
- capital offense
- capital outlay
- capital paidin
- capital project
- capital punishment
- capital reserve
- capital stock
- capital surplus
- circulating capital
- distribution of capital
- equity capital
- fixed capital
- floating capital
- impairment of capital
- reduction of capital
- return of capital
- stated capital
- working capitalforeign phrases: Excusat aut extenuat delictum in capitalibus quod non operatur idem in civilibus
- That excuses or extenuates a wrong in capital cases which would not have the same effect in civil suits
Related Entries of Capital in the Encyclopedia of Law Project
Browse or run a search for Capital in the American Encyclopedia of Law, the Asian Encyclopedia of Law, the European Encyclopedia of Law, the UK Encyclopedia of Law or the Latin American and Spanish Encyclopedia of Law.
Capital in Historical Law
You might be interested in the historical meaning of this term. Browse or search for Capital in Historical Law in the Encyclopedia of Law.
Legal Abbreviations and Acronyms
Search for legal acronyms and/or abbreviations containing Capital in the Legal Abbreviations and Acronyms Dictionary.
Related Legal Terms
You might be also interested in these legal terms:
Mentioned in these terms
Adjusted Taxable Income, Annuity, Articles Of Incorporation, Assessment, Benefit Of Clergy, Capital Gain, Capital Loss, Capital Offense, Capital Stock, Check, Company, Corpse, Earnings, Encroach, Execution, Finance, Goodwill, Income, Invest, Joint Stock Company, Merger, No Par Value, Open-end Company, Paid-in Capital, Paid-up Capital, Partner, Partnership, Preference Share, Principal, Promoter, Receipt, Risk Capital, Share, Shareholder, Stock, Stockholder, Surplus.
What does Capital mean in American Law?
The law of the Christian church, originally and primarily the Roman Catholic one, but carrying over pari passu into Protestantism, especially the Church of England. Following the pattern of Roman Law, with which it had a long history of mutual influence, it was formed out of the “statutes” of the Popes, and answers by them and by specially designated members of curia, to questions posed by private litigants, all subject to a continuing effort at systemization and codification.
Canon law more pervaded society when the church did; large segments of what is now within the exclusive care of secular law-marriage and divorce, inheritance, contract, criminal law-once was exclusively or concurrently in the ecclesiastical jurisdiction. But even now, when canon law as such is (at least in England and the U.S.) exclusively the internal law of the church, many of its principles, e.g., the doctrines of contractual good faith, and unconscionability (the latter a disguised version of the medieval fair price doctrine), can be discerned in modern secular rules, especially those developed in Equity. (It should not be forgotten that quite late in English history the English chancellors were high ecclesiastics.) And, while canon law had its own special sources (e.g., the writings of church fathers), there was, of course, substantial borrowing between those two main heirs to Roman Law, canon law and what we have come to call civil law, i.e., the law of modern western Europe.
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Capital in Law Enforcement
Main Entry: Law Enforcement in the Legal Dictionary. This section provides, in the context of Law Enforcement, a partial definition of capital.
Legal English Vocabulary: Capital in Spanish
Related to the Legal Thesaurus
- Law Enforcement Officer
- Police Officer
- Law Enforcement Agency
- capital in A Dictionary of Law Enforcement (Oxford University Press)
- capital in the Encyclopedia of Law Enforcement
- A Treatise on the Police of the Metropolis
English Legal System: Capital
In the context of the English law, A Dictionary of Law provides the following legal concept of Capital : 1. (share capital) A fund representing the contributions given to the company by shareholders in return for their shares. These assets are intended to protect the interests of any creditors in the event of a *limited company encountering financial difficulties, and there are rules under the Companies Act 1985 to ensure that this fund is not reduced unless it is absolutely necessary. Each share is assigned a nominal or par value to enable each holder to measure his interest in and liability to the company. In a company limited by shares (See limited company) the liability of a shareholder is limited to the unpaid purchase price of the share. If a company is able to command a market price for a share that is above the nominal value assigned to it, the difference is said to represent a premium. The total number of shares and their nominal values must be stated in the capital clause of the *memorandum of association and represents the company’s authorized share capital.
See authorized capital.
See loan capital.
Equity Capital in the Economic Activity
An introductory concept of Equity Capital may be: capital, such as shares (or stock), supplied to a firm by its owners(shareholders); the returns received by the owners are not guaranteed but depend on how well the firm does
United States Tax Concept of Capital
Money needed to start or grow a business. The excess of assets over liabilities. Cash and other assets used in operating a business.
Concept of Capital in the context of Real Property
A short definition of Capital: Money used to create income, either as investment in a business or income property.
Concept of Capital in the context of Real Property
A short definition of Capital: Money used to c
reate income, either as investment in a business or income property.
Definition of Capital
The Canada social science dictionary  provides the following meaning of Capital: An accumulation of goods or wealth used for the production of other goods and services rather than for immediate or personal use. If one just plays games on their computer, the computer can not be considered capital. However, if it is used to produce reports or graphs which are then sold, the computer can be considered capital. Capital is central to a capitalist economic system. See: CAPITALISM in this legal dictionary and in the world encyclopedia of law.
Notes and References
- Drislane, R., & Parkinson, G. (2016). (Concept of) Capital. Online dictionary of the social sciences. Open University of Canada
Definition of Capital
In relation to social issues, a meaning of capital is provided here: cash, goods, natural resources, or human skills that are used to produce income.
- Education Policy
- Training Policy
- Factors of Production
- Capital in the Encyclopedia of Business and Finance, 3rd Edition, Macmillan Reference USA, 2014