assessable capital stock Definition | Business Dictionaries from AllBusiness.com
Facebook Twitter You Tube RSS Feed

Business Glossary

SEARCH THE BUSINESS GLOSSARY

Business Definition for: assessable capital stock
assessable capital stock

  1. capital stock subject to calls and not fully paid.
  2. capital stock of banks, subjecting stockholders to liabilities in excess of the amount originally paid in or subscribed. The assessment would occur only in cases in which the corporation was insolvent.

Copyright © 2005, 2000, 1995, 1987 by Barron's Educational Series, Inc., Reprinted by arrangement with Publisher.

AllBusiness Greatest Hits