borrowed capital

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.]

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词条贡献者

资深译员Jenny，毕业于欧洲顶尖的高级翻译学院，擅长翻译涉及体育和运动场馆领域的法律文件。