{"iri":"https://folio.openlegalstandard.org/RDkMsDzhDxQxUN8FKhOhozQ","label":"Nil Paid Letters","sub_class_of":["https://folio.openlegalstandard.org/R7NbRiaFKuXbP6fYk436pb2"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"Unpaid Share Subscription Rights","alternative_labels":["Rights Issue Letters","Unpaid Share Rights"],"translations":{},"hidden_label":null,"definition":"Nil Paid Letters, also known as Unpaid Share Subscription Rights, are temporary documents issued by a company offering new shares to existing shareholders. These letters allow shareholders to trade the rights to subscribe to the new shares before payment is required, but they do not represent ownership until the shares are fully paid.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}