Legal Dictionary of Pakistan

Quick lookup for English, Urdu, and Latin legal terms used in Pakistani jurisprudence.

Capitalization

n. 1. The act or process of capitalizing or converting something into capital. 2. The amount or sum resulting from this act or process. 3. The total amount of long-term financing used by a business, including stocks, bonds, retained earnings, and other funds. 4. The total par value or stated value of the authorized or outstanding stock of a corporation.

Undercapitalization

The financial condition of a firm that does not have enough capital to carry on its business.

capitalization accounting method

See ACCOUNTING METHOD.

capitalization accounting method.

A method of determining an asset's present value by discounting its stream of expected future benefits at an appropriate rate.

capitalization rate

The interest rate used in calculating the present value of future periodic payments. - Also termed cap rate; income yield.

capitalization ratio

The ratio between the amount of capital raised and the total capitalization of the firm. - Also termed capital ratio.

leveraged recapitalization

See RECAPITALIzA. TION.

recapitalization

n. An adjustment or recasting of a corporation's capital structure - that is, its stocks, bonds, or other securities - through amendment of the articles of incorporation or merger with a parent or subsidiary. ( An example of recapitalization is the elimination of unpaid preferred dividends and the creation of a new class of senior securities. - recapitalize, vb. Cf. REORGANIZATION (2).

thin capitalization

The financial condition of a firm that has a high ratio of liabilities to capital.