Par value plus paid-in-capital in excess of par value paid by the shareholders could be defined as ________.

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Legal capital represents the minimum amount of capital that a corporation must maintain to protect creditors in the event of insolvency. It includes the par value of the stock and any additional amount of money paid by shareholders above the par value, which is called paid-in-capital in excess of par value. Retained earnings refer to the portion of a company's profits that are kept by the company rather than distributed to shareholders. Treasury stock refers to shares of a company's own stock that it has repurchased and not retired. Preferred stock is a type of stock that usually pays a fixed dividend and has priority over common stock in the distribution of earnings and assets in the event of liquidation.

Par Value Plus Paid-In-Capital in Excess of Par Value Paid