| The ESM has a sturdier set-up because it is backed by paid-in capital contributed by euro-zone members. |
| Differences between this amount and the amount paid for acquiring, or received for disposing of treasury shares, are recorded as an adjustment to additional paid-in capital in shareholders' equity. |
| Its shareholders are member governments which provide paid-in capital and have the right to vote on its matters. |
| The paid-in capital is the amount received from the stockholders on the shares for which they have subscribed. |
| On the date of issuance, the entity should record the loaned shares at their fair value and recognize them as an issuance cost, with an offset to additional paid-in capital. |
| The board votes unanimous to invest the paid-in capital in a suit of new jeans for the president, which was me. |
