When shares are issued to the public and the issuing company has not requested for payments, it is referred to as

When shares are issued to the public and the issuing company has not requested for payments, it is referred to as "unissued capital". In other words, unissued capital refers to the number of authorized shares that have not been sold or issued to investors. These shares can be used at a later time by the company to raise additional capital or to finance future projects. The company may also choose to cancel or reduce the number of authorized shares that have not been issued.