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I think of "capital" as broad, and synonymous with "resources" – you might have cash capital, time capital, network capital, social media capital, or expertise capital.
The letter called the state of affairs at Northern Pipeline "absurd and unfortunate," and made a cogent case for giving back the excess cash to its real owners, the shareholders: "The cash capital not needed by these pipe line companies in the normal conduct of their business, or to provide for reasonable contingencies, should be returned to the stockholders, whose property it is".
Birmingham has been ranked as England's "crash for cash" capital.
A few companies, notably the Standard Oil pipe lines and some New England mills, have returned surplus cash capital to shareholders by reducing the par value of the stock.
In the third place, wherever possible, they would aid the stockholders by returning to them surplus cash capital through retirement of shares pro rata at a fair price, as advocated in our previous article.
"The industry is now much more professional and more commercial, more aware of the need to conserve cash, capital, to use it efficiently and, crucially, marketing also has improved immensely".
Similar(50)
§ 107.240 Limitations on including non-cash capital contributions in Private Capital.
They should also include a three-year projection of earnings, cash flow, capital expenditures and working capital needs.
Meaningful portfolio, cash and capital management can generate further returns.
The company is expected to raise more cash from capital markets within the next 12 months.
"We do use a lot of cash for capital spending, for the financial services business.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com