The Law Dictionary

Your Free Online Legal Dictionary • Featuring Black’s Law Dictionary, 2nd Ed.

MINIMUM SUBSCRIPTION Definition & Legal Meaning

Law dictionary entry - legal definition of embargo

Definition & Citations:

In any new issue this is the smallest securities share count allowed to be applied for. Legal precedent for this was set in the Companies Act of 1956. The law states that a company must be able to pay for the share count offered to the public in case the buyers cash in all the shares.

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