imported>Doug Williamson |
imported>Administrator |
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| 1. ''Law''.
| | Capital expenditure. |
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| If a company or individual lacking contractual capacity purports to enter a contract, the contract may not be enforceable.
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| Problems of contractual capacity may arise, for example, in relation to requirements for dual signatories to bind certain companies or to bind companies of particular kinds in certain [[jurisdiction]]s.
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| Other potential capacity problems - relating more to individuals - include minors, mental incapacity or intoxication.
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| 2. ''Banking''.
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| In relation to the individuals whom a bank will authorise to open and operate a bank account, the appropriate level of seniority and the role of the individuals within the business of the customer.
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| 3. ''Regulation.''
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| An authorisation or entitlement to undertake a role, under a regulatory regime.
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| 4. ''Tax and borrowings.''
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| More generally, the ability to absorb or hold.
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| For example, tax capacity or borrowing capacity.
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| (Tax capacity being the ability to use tax reliefs efficiently to shelter otherwise taxable profits or gains. Borrowing capacity being the maximum amount of borrowing which can be sustained by a business, based on its expected future cashflows and its assets.)
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| 5. ''Project management.''
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| The amount and nature of responsibilities that an organisation, department or individual is able to deal with successfully.
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| 6. ''Systems and processes.''
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| The maximum physical or data flow that a system can manage successfully.
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| 7. ''Power generation.''
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| The maximum power output from a generator.
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| == See also == | | == See also == |
| * [[Authority]] | | * [[Capital expenditure]] |
| * [[Bandwidth]]
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| * [[CB&E]]
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| * [[Contract]]
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| * [[Debt capacity]]
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| * [[Dual capacity]]
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| * [[Intra vires]]
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| * [[Jurisdiction]]
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| * [[Loss absorbing capacity]] (LAC)
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| * [[Minor]]
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| * [[Primary Loss Absorbing Capacity]] (PLAC)
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| * [[Regulation]]
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| * [[Risk capacity]]
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| * [[Shelter]]
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| * [[Single capacity]]
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| * [[Tax]]
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| * [[Tax capacity]]
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| * [[Tax relief]]
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| * [[Total Loss Absorbing Capacity]] (TLAC)
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| [[Category:Self_management_and_accountability]]
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| [[Category:Planning_and_projects]]
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| [[Category:Long_term_funding]]
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| [[Category:Compliance_and_audit]]
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