What is the definition of Partly paid shares (or stock)? | Dictionary.net

PARTLY PAID SHARES (OR STOCK)

\pˈɑːtli pˈe͡ɪd ʃˈe͡əz ɔː stˈɒk], \pˈɑːtli pˈe‍ɪd ʃˈe‍əz ɔː stˈɒk], \p_ˈɑː_t_l_i p_ˈeɪ_d ʃ_ˈeə_z__ ɔː s_t_ˈɒ_k]\

Definitions of PARTLY PAID SHARES (OR STOCK)

1910 - Black's Law Dictionary (2nd edition)

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Any share whose full value has not been reimbursed for by the holders. A 'call' must be issued by the firm in order to collect the pending amount.

1910 - Black's Law Dictionary (2nd edition)
By Henry Campbell Black

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