(plural foundries) 1  A facility that melts metals in special furnaces and pours the molten metal into molds to make products. Foundries are usually specified according to the type of metal dealt with: iron foundry, brass foundry, etc. 2  The act, process, or art of casting metals; founding.
Funds raised by issuing shares in return for cash or other considerations. The amount of share capital a company has can change over time because each time a business sells new shares to the public in exchange for cash, the amount of share capital will increase.
Types of Equity Accounts. Contributed Capital: Contributed capital is the part of capital that directly comes from its owners. In case of sole-proprietorship and partnerships, it is the initial capital deposit by owner plus any additional capital deposits during the life of the business.