the authorised capital of a company is also referred to as it's?
Answer Details
The authorized capital of a company is the maximum amount of capital that the company is authorized to raise through the issuance of shares. It represents the upper limit of the company's fundraising capacity and is set out in the company's constitutional documents (e.g., articles of association).
This authorized capital is also referred to as the "nominal capital" or "authorized share capital" of the company. It is important to note that authorized capital is not the same as called-up capital or issued capital, which refer to the amount of capital that has actually been paid by shareholders.
Therefore, the correct answer is "nominal capital."