The nominal value (as opposed to the market value) of all issued shares of a stock corporation, regardless of whose hands they are in (the capital of a company which is represented by shares, regardless the distribution of the shares). – The circulation of shares in a country; for Germany, shown in the statistical section of the respective monthly report of the Deutsche Bundesbank, under the heading „Capital market“ and broken down there according to various characteristics. – See Stock market, Liberation.

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Professor Dr. Eckehard Krah, Dipl.rer.pol.
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