ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY

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SHARE CAPITAL Definition

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SHARE CAPITAL is that portion of a corporations equity obtained from issuing shares in return for cash or other considerations.

 

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CONTRACTEE is the person or entity who will receive the goods or services under the provisions of the contract.

VENDOR STATEMENT is a statement by the seller to the buyer detailing material particulars regarding the property in question (suitability for intended use).


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