Assessable Capital Stock

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Dictionary Says

Definition of 'Assessable Capital Stock'

The capital stock of any bank or financial institution that could be subject to assessment. Assessable capital stock makes shareholders liable for an amount greater than what they paid for their stock. However, the assessment of this stock only takes place in the event of bankruptcy or insolvency.

Investopedia Says

Investopedia explains 'Assessable Capital Stock'

Any capital stock that can be called and is not fully paid for can technically be referred to as assessable capital stock. However, the term is generally reserved for stock of banks or other financial institutions. Obviously, assessment of this stock will usually lead to a loss for the shareholders.

Search results for

'Assessable Capital Stock'

  • Series 63 Study Guide - The Foundation - The Uniform Securities ...

    http://www.investopedia.com/exam-guide/series-63/foundation/usa-uniform-securities-act-part-6.asp
    ... A gift of assessable stock involving an offer and sale; and; A sale or offer of
    a warrant or right to purchase or subscribe to another security of the same or ...

  • Series 63 Study Guide - Securities - Viatical Settlements and ...

    http://www.investopedia.com/exam-guide/series-63/securities/viatical-settlements-definition-sale.asp
    ... a gift of assessable stock involving an offer and sale; and; a sale or offer of
    a warrant or right to purchase or subscribe to another security of the same or ...

  • Series 66 Study Guide - Regulation of Securities - Definition ...

    http://www.investopedia.com/exam-guide/series-66/regulation-of-securities/sale-and-offer-to-sell.asp
    ... 3.5 Tax Issues; 3.6 Netting Capital Gains and Losses ... of Securities: 11.1 Introduction;
    11.2 Stock Term Specifics; ... a gift of assessable stock involving an offer and ...

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