Partly-paid Shares

Partly-Paid shares refer to shares of which only part of the nominal value has been paid. Usually issues of partly-paid shares are made in the case of rights issues, allowing shareholders to pay for the new shares by instalments over several months.

Many people will be familiar with partly-paid shares through the use of this technique in most of the major privatisations under the Conservative government in the 1980s.

See Also: Online share dealing service Stockmarket Centre

Last Updated: June 2007 © Moneyextra.com

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