The difference between 'subscribed capital' and 'called up capital' is called

The Correct Answer is Uncalled capital

Key Points

 Types of Share Capital

• Subscribed Capital - It is the capital subscribed by the public.
• Called up Capital - It is the capital called up for the payment by the company
• Uncalled capital - The difference between subscribed and called up capital is uncalled capital.

Additional Information

• Paid up capital - This is the capital called up by the company and paid up by the shareholders.
• Calls in arrears - Amount called up by the company but not paid up by the shareholders.
• Calls in advance - Amount paid up by the shareholders before the company make a call.