Gap-fill exercise.

Fill in the missing words in the sentences below. Choose from the following (copy and paste) then press "Check" to check your answers.
Use the "Hint" button to get a free letter if an answer is giving you trouble. Note that you will lose points if you ask for hints!
   appropriation      bonus      denomination      interim      issued      nominal      ordinary      preference      preliminary      redeemable      uncalled   


  • This company has issued shares in £5 .
  • At the end of the financial year, profits are first of all allocated to pay the fixed percentage dividends on shares.
  • The shareholders have voting rights but do not have a fixed percentage dividend.
  • The company have decided to issue shares free of charge to their existing share holders.
  • The company is allowed to issue a total amount of shares known as the authorized share capital or capital. However, the capital may be less than that.
  • There were large expenses in starting the company.
  • They have only asked for some of the amount payable on the shares, so there is still a lot of capital.
  • 2001/2009 written behind a debenture means that it is during that time.
  • The final accounts should include an account which shows how the company will use the profits.
  • After trading for six months, the company paid out an dividend.