Subscribed Capital:
- Subscribed capital refers to the portion of the authorized capital that shareholders have committed to purchasing. It represents the total value of shares for which shareholders have expressed their intention to subscribe.
Called-Up Capital:
- Called-up capital is the portion of subscribed capital that the company has "called up" or requested from shareholders for payment. This is the amount that shareholders are required to pay to the company. It may not be paid all at once but can be called in installments.
Paid-Up Capital:
- Paid-up capital is the amount of called-up capital that shareholders have actually paid to the company. It represents the funds received by the company from shareholders in exchange for the issued shares.
Uncalled Capital:
- Uncalled capital is the remaining portion of subscribed capital that has not yet been called up by the company. It represents the potential future liability of shareholders to fulfill their commitment to pay for the shares.
Reserve Capital:
- Reserve capital is a type of capital that a company sets aside as a reserve to protect creditors in the event of liquidation. It is not available for distribution as dividends. Reserve capital is not commonly used in many jurisdictions, and its characteristics may vary based on local regulations.
So, the order is usually: Subscribed Capital > Called-Up Capital > Paid-Up Capital > Uncalled Capital > Reserve Capital.