uncalled capital
简明释义
未催缴股本
英英释义
Uncalled capital refers to the portion of a company's capital that has been authorized but not yet required to be paid in by the shareholders. | 未调用资本是指公司已授权但尚未要求股东支付的资本部分。 |
例句
1.With the current market conditions, many firms are hesitant to call on their uncalled capital 未调用资本 for new projects.
由于当前市场状况,许多公司对为新项目调用其未调用资本 uncalled capital持谨慎态度。
2.During the audit, the accountant noted a significant amount of uncalled capital 未调用资本 that could be utilized if necessary.
在审计过程中,会计师注意到有大量的未调用资本 uncalled capital可以在必要时使用。
3.The venture capital firm had a policy of keeping a portion of uncalled capital 未调用资本 for unforeseen opportunities.
这家风险投资公司有一项政策,即保留一部分未调用资本 uncalled capital以应对意外机会。
4.The company decided to increase its liquidity by reducing the amount of uncalled capital 未调用资本 in its accounts.
公司决定通过减少账户中的未调用资本 uncalled capital来提高流动性。
5.Investors were pleased to see that the uncalled capital 未调用资本 was being managed effectively.
投资者很高兴看到未调用资本 uncalled capital得到了有效管理。
作文
In the world of finance and investments, the term uncalled capital refers to the portion of a capital commitment that investors have pledged but that has not yet been requested by the fund manager. This concept is particularly relevant in private equity and venture capital, where investors commit a certain amount of money to a fund, but the fund does not immediately draw down the full amount. Understanding uncalled capital is crucial for both investors and fund managers as it impacts liquidity and investment strategies.When an investor commits capital to a fund, they agree to provide a specific amount of money over time. The fund manager will then make capital calls as needed to finance investments or cover operational expenses. Until these capital calls are made, the committed funds remain as uncalled capital, essentially held in reserve. This arrangement allows fund managers to manage their cash flow effectively while providing investors with flexibility regarding when their funds are deployed.Investors must carefully consider the implications of uncalled capital when making commitments to a fund. While it is advantageous to have some of their capital uncalled, as it allows them to maintain liquidity for other investments or expenses, too much uncalled capital can indicate that a fund is not deploying its resources efficiently. Investors need to strike a balance between committing enough capital to support the fund's operations and ensuring that they do not tie up too much money in unproductive investments.From a fund manager's perspective, managing uncalled capital is equally important. A well-managed fund should have a clear strategy for capital deployment, ensuring that capital calls are made at appropriate times to maximize investment opportunities while minimizing the time that capital remains uncalled. This requires a deep understanding of market conditions, the timing of potential investments, and the overall investment thesis of the fund.Moreover, the dynamics of uncalled capital can also affect the overall performance of the fund. If a fund consistently has a high level of uncalled capital, it may struggle to demonstrate strong returns, as potential investments may be missed while waiting for capital to be drawn down. On the other hand, a fund that effectively manages its capital calls can capitalize on opportunities more quickly, leading to better performance and potentially higher returns for investors.In conclusion, uncalled capital plays a significant role in the relationship between investors and fund managers. It represents a commitment to future investment while allowing for flexibility in cash management. Both parties must understand the implications of uncalled capital, as it can influence investment strategies, liquidity, and overall fund performance. By effectively managing this aspect of capital commitments, investors and fund managers can work together to achieve their financial goals and ensure the success of their investment endeavors.
在金融和投资的世界中,术语未调用资本指的是投资者承诺的资本承诺中尚未被基金经理要求的部分。这一概念在私募股权和风险投资中特别相关,投资者承诺向基金提供一定金额的资金,但基金并不会立即提取全部金额。理解未调用资本对投资者和基金经理都至关重要,因为它影响流动性和投资策略。当投资者承诺资本给一个基金时,他们同意在一段时间内提供特定金额的资金。基金经理会根据需要进行资本调用,以融资投资或覆盖运营费用。在这些资本调用进行之前,承诺的资金仍然作为未调用资本,基本上被保留。这种安排使基金经理能够有效管理现金流,同时为投资者提供灵活性,以便他们在何时部署资金。投资者在向基金承诺时必须仔细考虑未调用资本的影响。虽然保持部分未调用资本是有利的,因为它允许他们保持其他投资或支出的流动性,但过多的未调用资本可能表明基金未能有效部署其资源。投资者需要在承诺足够的资本以支持基金运营与确保不将过多资金锁定在无效投资之间找到平衡。从基金经理的角度来看,管理未调用资本同样重要。一个管理良好的基金应该有明确的资本部署策略,确保在适当的时机进行资本调用,以最大化投资机会,同时最小化资本保持未调用的时间。这需要对市场状况、潜在投资的时机以及基金的整体投资论点有深刻的理解。此外,未调用资本的动态也可能影响基金的整体表现。如果一个基金持续拥有高水平的未调用资本,它可能会在等待资本提取的同时错失潜在投资,从而难以展示强劲的回报。另一方面,一个有效管理资本调用的基金可以更快地抓住机会,从而导致更好的表现和可能更高的投资者回报。总之,未调用资本在投资者和基金经理之间的关系中扮演着重要角色。它代表了对未来投资的承诺,同时允许现金管理的灵活性。双方必须理解未调用资本的影响,因为它可以影响投资策略、流动性和整体基金表现。通过有效管理资本承诺的这一方面,投资者和基金经理可以共同努力实现财务目标,并确保其投资事业的成功。