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paid-up

Pronunciation: /ˈpeɪdʌp/

Translation of paid-up in Spanish:

adjective/adjetivo (predicative/predicativo paid up)

  • 1.1 (British English/inglés británico) paid2 21.2 [Finance] [capital] desembolsado; [shares] liberado
    Example sentences
    • During the same period, although almost half went out of business, those that did survive reported a six-fold increase in paid-up capital while deposits and loans grew by eight-fold.
    • Yet paid-up capital should be written down in the same manner as capital financed by debt, since it was also subject to losses if it had been put in place when interest rates were higher.
    • The government instead is reducing the corporate tax only for small and midsize industries with paid-up capital of 2.5 million ringgit and less.

Definition of paid-up in:

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Cultural fact of the day

Sherry is produced in an area of chalky soil known as albariza lying between the towns of Puerto de Santa María, Sanlúcar de Barrameda, and Jerez de la Frontera in Cádiz province. It is from Jerez that sherry takes its English name. Sherries, made from grape varieties including Palomino and Pedro Ximénez, are drunk worldwide as an aperitif, and in Spain as an accompaniment to tapas. The styles of jerez vary from the pale fino and manzanilla to the darker aromatic oloroso and amontillado.