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单词 undercapitalization
释义

undercapitalizationn.

Brit. /ˌʌndəˌkapᵻtl̩ʌɪˈzeɪʃn/, /ˌʌndəˌkapᵻtəlʌɪˈzeɪʃn/, U.S. /ˈˌəndərˌkæpədl̩əˈzeɪʃən/, /ˈˌəndərˌkæpədlˌaɪˈzeɪʃən/
Forms: see under- prefix1 and capitalization n.
Origin: Formed within English, by derivation. Etymons: under- prefix1, capitalization n.
Etymology: < under- prefix1 + capitalization n. Compare slightly later undercapitalize v.
The action or fact of undercapitalizing a business, etc.; the provision or possession of inadequate capital.
ΚΠ
1894 Economist 31 Mar. 398/1 It is clear that Lagunas will not suffer from under-capitalisation when transferred to the public.
1921 R. B. Westerfield Banking Princ. & Pract. IV. xlviii. 961 The ratio of sales to net worth indicates whether there is undercapitalization and a feverish condition in the business, or the reverse.
1967 Austral. Q. June 59 In many instances capital investment is inadequate to allow efficient operation and..this under-capitalization is responsible for a large degree of inefficiency in some of the poorer dairying areas.
2010 Independent (Nexis) 8 Feb. 28 The problem with the UK banking sector is a combination of under-capitalisation and over-concentration.
This is a new entry (OED Third Edition, March 2012; most recently modified version published online March 2022).
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n.1894
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