Fully paid shares. The shares which are of real value.
Shares issued in which no more money is required to be paid to the company by shareholders on the value of the shares. When a company issues shares upon incorporation or through an issuance, either initial or secondary, shareholders are required to pay a set amount for those shares. Once the company has received the full amount from shareholders, the shares become fully paid shares. http://www.investopedia.com/terms/f/fullypaidshares.asp

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