Capital Share Definition

Capital Share Definition

What Is a Capital Share? Capital shares are a share class offered by a dual-purpose fund. In a dual-purpose fund, investors can invest in either capital shares for gains or income shares for dividends. Key Takeaways Capital shares are a share class offered by a dual-purpose fund.In a dual-purpose fund, investors can invest in either

Capital Stock Insurance plans Company Definition

Capital Stock Insurance plans Company Definition

What Is a Capital Stock Insurance Company? A capital stock insurance company is an insurance company owned by shareholders rather than policyholders. These entities get capital from stockholder contributions, in addition to their surplus and reserve accounts, with the majority of their assets or money coming from the sale of shares. Key Takeaways A capital stock insurance company

Capital Tax Definition

Capital Tax Definition

What is a Capital Tax? A capital tax is a tax levied on a corporation that is based on its assets rather than its income. Canada was one of the few OECD nations that levied both a federal and provincial capital tax. Canada limited its federal capital tax to financial corporations in 2006, and some