PAID-UP CAPITAL is the total amount paid by shareholders for their shares of capital stock.
COLLATERALIZE is to pledge property as security (collateral) for a debt.
PROPORTIANATE UNIT CONCEPT is where a value or distribution is agreeing in amount, magnitude, or degree, e.g. a shareholder holding 1% outstanding shares of an entity is entitled to receive 1% of that entities declared dividend, i.e. it is in proportion.
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