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Post by resistk on Dec 31, 2012 0:05:31 GMT 4
Does the term "captial company" have any particular meaning as a term of art or law?
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Post by Sapphire Capital on Dec 31, 2012 2:10:58 GMT 4
not reall, while in the US and the western minded jurisdiction it usually means a sort of financial meaning, it is used in a very wide meaning and there are companies who do nothing but rent out huts on a beach in the Caribean who have the Capital Company in their name. In the US it sometimes plays up to the meaning of a FINRA licensed company but it does not need to, sometimes even family financial business is pulled together in such a company.
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Post by resistk on Dec 31, 2012 6:36:39 GMT 4
not reall, while in the US and the western minded jurisdiction it usually means a sort of financial meaning, it is used in a very wide meaning and there are companies who do nothing but rent out huts on a beach in the Caribean who have the Capital Company in their name. In the US it sometimes plays up to the meaning of a FINRA licensed company but it does not need to, sometimes even family financial business is pulled together in such a company. My understanding too but I do note a lot of hedges and wannabe hedges use the name. |
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Post by niseag on Dec 31, 2012 10:17:57 GMT 4
yes you are right
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