BORROWED CAPITAL

By SovConn | February 25, 2015

borrowed capital.Funds lent to a corporation or other entity to finance its operations, such as cash dividends that are declared by a corporation but temporarily retained (with stockholder approval) to provide operating funds. [Cases: Internal Revenue  4133; Taxation  378. C.J.S.

Taxation § 550.][Blacks Law 8th]

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