new capital
Defined in 1 dictionary — U.S. Code
United States Code
26 U.S.C. § 856 — for purposes of this part (10 versions over time)
The term “new capital” means any amount received by the real estate investment trust—
(I) in exchange for stock (or certificates of beneficial interests) in such trust (other than amounts received pursuant to a dividend reinvestment plan), or
(II) in a public offering of debt obligations of such trust which have maturities of at least 5 years.