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Simple English definitions for legal terms

stated capital

Read a random definition: magistral

A quick definition of stated capital:

Stated capital is the amount of money that a company has raised by selling its shares of stock. It is also known as legal capital and is usually equal to the total value of the company's outstanding shares. Some states require companies to keep this amount of money in the company to protect creditors. Stated capital is an important measure of a company's financial health and appears on its balance sheet.

A more thorough explanation:

Stated capital is the total amount of money that a company receives from selling its stocks. It is also known as legal capital because it is the minimum amount of money that a company is required to have by law. This money is used to protect the company's creditors in case the company goes bankrupt.

For example, if a company sells 100 shares of stock for $10 each, the stated capital would be $1,000 (100 shares x $10 per share). This money is recorded on the company's balance sheet as equity.

Stated capital is important because it shows how much money a company has raised from selling its stocks. It also helps to protect the company's creditors by ensuring that the company has enough money to pay its debts if it goes bankrupt.

stated account | State Department

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MIAMI A
[] AromaticTroubledDormouse
20:55
How does one know if they are UR1 or UR2?
[] AromaticTroubledDormouse
20:56
CONGRATS MACAQUE!
TY
got a random stanford email and almost had a heart attack
ALSO CONGRATS!
Congrats1!
21:15
Miami A, yall I'm so excited I could cry.
21:15
Feel like I can finally stop holding my breath!! Whew!!!
[] baddestbunny
22:16
every time I get accosted by a strange man who follows me around because my male coworkers were too busy talking to walk me back to my car I get closer to saying we need to bring back traditional gender roles
Dkk
22:32
Nice! @Macaque
Dkk
22:32
@Aromatic, Have to guess.
Dkk
22:33
That sucks @Bunny do you have to go to the hospital?
[] baddestbunny
22:40
I said accosted not assaulted
23:35
guys. my notre dame address just went long is this good or bad
1a2b3c4d26z
23:37
Oooooo me too
23:37
omg is this good or bad
Dkk
23:47
Idk if gender roles are gunna fix that then.
23:49
it looks like most people who applied in october last cycle didn't get a decision until january... does it even mean anything that our addresses went long??
hows ED 2 compared to ED 1?
Dkk
0:10
No idea
windyMagician
0:34
reporting live to say my ndls address also went long
does it mean anything ^
Dkk
2:21
NDLS and Fordham took a very long time last year. It's good info for people to know.
[] baddestbunny
4:29
let’s get after it boys and girls
Dkk
5:21
I gtg to bed soon.
Dkk
5:22
Big day today. Gunna be a crazy one. I will sleep through the first half.
good morning lsd it is 5 am EST
also jazzy my ndls address went long ages ago i sadly do not think it means anything
my stanford address also went long LOL i think at most it's an indicator it's under review
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