Service and Capital conservation: Difference between pages

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1.  ''Debt.''  
''Company law.''


To make payments of interest and principal on a borrowing as they fall due.
The company law principle - also known as capital maintenance - that capital should be conserved for the protection of creditors.  


 
For example, dividends can only legally be paid out of retained profits, not out of capital.
2.  ''Pensions.''
 
A period of employment by an employee with an employer which counts towards pension benefit accrual.
 
 
3.
 
A valuable social or economic activity which is not physical goods.
 
In practice, the distinction between goods and services may not always be clear cut.




== See also ==
== See also ==
* [[Active]]
*[[Capital]]
* [[Debt]]
*[[Capital maintenance]]
* [[Pensionable service]]
*[[Company law]]
* [[Service agreement]]
*[[Creditors]]
* [[Services]]
*[[Dividend]]
* [[Servitisation]]
*[[Limited liability]]
*[[Profit and Loss reserve]]
*[[Reserves]]
*[[Retained earnings]]
*[[Share capital]]
*[[Share premium]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]
[[Category:The_business_context]]
[[Category:The_business_context]]
[[Category:Long_term_funding]]

Revision as of 20:47, 29 January 2024

Company law.

The company law principle - also known as capital maintenance - that capital should be conserved for the protection of creditors.

For example, dividends can only legally be paid out of retained profits, not out of capital.


See also